Ek Leghari Sab Pe Bhari Full Episode | 23rd Feb 2020 | BOL News
Pakistan’s exports are negligible: Reza Baqir | Reza Baqir on PM Imran khan
Baqir told the participations of CEO Summit Asia that the State Bank of Pakistan (SBP) could lower interest rates later this year as consumer inflation — the cornerstone of its policy framework — is expected to ease in coming months.
“Drop in inflation would have a trickle-down impact as food inflation is currently on the higher side. Reduction in inflation would help reduce interest rate,” Reza said. In January, consumer inflation stood at 14.6 percent and interest rate at a decade-high of 13.25 percent.
Baqir, however, clarified that monetary policy committee decides policy without government interference. “The committee does not have any member from the government.” “After analysis the inflation rate, policy rate has been decided.”
#RezaBaqir #StateBank #PMImranKhan
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