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Fiscal, monetary tightening likely in 2021-22, says former SBP governor


October 31, 2021

KARACHI: Pakistan may experience fiscal and monetary tightening in 2021-22 because of inflation and higher current account deficit, which have been aggravated by global logistic bottlenecks and rising commodity prices, said Salim Raza, former governor of the State Bank of Pakistan (SBP). Addressing the CEOs and senior management of banks at the Pakistan Banking Awards held on Friday evening, the …

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