SBP Governor Dr. Raza Baqir said that the economic situation is gradually improving, as a result of economic stabilization before the Cove, our financial difficulties remain less during Corona, people should trust us, interest rates for economic stabilization negative range. I need to have
According to private TV, addressing the SDPI Virtual Conference, SBP Governor Dr. Raza Baqir said that timely measures have improved the economic decimals, remittances have improved the economic decimals, the economic situation is gradually improving, financial Meeting the deficit with foreign exchange. He said that for the betterment of the health sector, loans were given for importing medical devices at minimum interest rates. There should be confidence, like other countries, we are moving towards economic recovery, industries including auto industry, cement are improving, interest rates need to be kept in the negative range for economic stability.
He said that the job of SBP is to provide liquidity while the decision of lending or not lending is up to the banks. During the quaid, SBP provided risk insurance facilities to small and medium enterprises. The loan amount was saved.
