Dr Ishrat Hussain, the former governor of the State Bank of Pakistan, has expressed doubts about the law giving the central bank authority.

Shaukat Tarin, the Federal Minister of Finance, introduced the SBP Amendment Bill in the NA alongside the supplementary finance bill as a condition for the International Monetary Fund’s $6 billion External Fund Facility (EFF) to be restarted (IMF).

Dr Hussain argued on Geo.tv’s Aaj Shahzeb Khanzada Kay Sath that the monetary and fiscal board should not have been dissolved.

 

Leave a Reply

Your email address will not be published.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

You May Also Like

Houthis claim responsibility for missile attack on Israel as violence escalates

The Houthi rebels in Yemen claimed responsibility for a missile launched towards…

African Union rejects external interference in Sudan

The African Union’s Peace and Security Council strongly rejected any external interference…

King Charles 50p coins struck for the first time

  Manufacturing of the first coin has begun to enter general circulation…

Nine Israeli soldiers killed in Gaza fighting

The Israeli military said that nine soldiers were killed in fighting in…