State Bank of Pakistan (SBP) Acting Governor Dr. Murtaza Syed refuted the talk that the country was headed towards an economic catastrophe. He said: “Pakistan is not vulnerable as [is] being assumed amid burgeoning global inflation”. Dr. Syed made this observation during a podcast conducted by the SBP discussing the overall economic situation.

Leave a Reply

Your email address will not be published. Required fields are marked *

You May Also Like

UN Trade Body Projects 7-9% Year-on-Year Drop in Global Trade in 2020

GENEVA, Oct 21 (Xinhua/APP): A UN report on Wednesday forecast a 7…

Azerbaijan announces tax-free imports of rice from Pakistan

Baku: On Saturday, in a bid to stimulate the growth of mutual…

Brent crude oil price drops to $82/barrel internationally

Oil prices steadied on Friday but fell for the week on a…

Pakistan can overtake India in trade with China: Badar-uz-Zaman

A Pakistani diplomat Badar-uz-Zaman claimed that Pakistan can overtake India in trade…