Tag: Reza Baqir
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Dr Murtaza Syed assumes charge as the new Governor State Bank of Pakistan
With effect from May 5, Dr Murtaza Syed, the senior-most Deputy Governor and a former Deputy Resident Representative of the International Monetary Fund (IMF), became the new acting Governor of the State Bank of Pakistan (SBP). Prior to this, the federal government named Dr Syed as the Deputy Governor of the SBP for three years on…
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SBP determined to curb inflation, improve foreign exchange reserves
In a recent interview, the Governor of the State Bank of Pakistan (SBP), Dr. Reza Baqir expressed concern over the continuous deterioration in foreign exchange reserves but remained optimistic that a renewal of loans will be witnessed in the near future, which, coupled with SBP’s initiatives, will enhance market confidence. He claimed that the decline in…
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‘Good news for market’: IMF programme to restart soon, says SBP chief
Pakistan is in talks with the International Monetary Fund (IMF) to put the fiscal support programme back on track, State Bank of Pakistan Governor Dr Reza Baqir said on Monday. Baqir said he was optimistic about the economic outlook despite the fallout from the coronavirus pandemic and the central bank was eyeing 1.5pc to 2.5pc…
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‘Pakistan ready to boost tech-enabled financial inclusion,’ says Queen Maxima
United Nations (UN) Secretary General’s Special Advocate for Inclusive Finance for Development (UNSGSA) Queen Maxima has said that Pakistan is in a good position for a boost to the technology-enabled financial inclusion, Express Tribune reported. According to the details, Queen Maxima in a meeting with State Bank of Pakistan (SBP) Governor Reza Baqir said that in the last five…