Salam, my recent presentation on the implications of proposed central Bank autonomy at a webinar of Institute of Cost & Management Accountants of Pakistan (ICMAP) followed by extensive remarks of Dr. Murtaza Syed - Deputy Governor of State Bank who was presiding the event and patiently heard critique on the central bank independence, as a product of Neoliberal Economics.
I presented policy of elimination of interest or policy interest rate close to zero level in line with advanced countries along with imposition of compulsory Zakat/wealth tax on wealthy people to support All poor and needy people as an ultimate solution of our chronic Economic and Social problems and to achieve sustainable and inclusive growth.
