State Bank of Pakistan warns on ‘deteriorating’ budgetary conditions

pakistanflag

Pakistan's central bank has urged its government to take appropriate measures to organise its public finances or risk running down its foreign currency reserves.

In its latest quarterly report, published on January 28, the State Bank of Pakistan said that while recent figures showed the government had been making some headway towards improving its finances, revenues collected from taxes had fallen short of the 1.9 trillion rupees ($19 billion) forecast last year, making it difficult for the gove

To continue reading...

You need to sign in to use this feature. If you don’t have a Central Banking account, please register for a trial.

Sign in
You are currently on corporate access.

To use this feature you will need an individual account. If you have one already please sign in.

Sign in.

Alternatively you can request an indvidual account here: