Tag Archives: says Baqir

LAHORE: The State Bank of Pakistan’s Temporary Economic Refinance Facility (TERF) will raise the investment-to-GDP ratio by almost one per cent during the ongoing fiscal year despite the Covid-19 pandemic as approvals of long-term concessionary investment loans under it have already reached Rs430 billion. The central bank had introduced the concessionary refinance scheme to facilitate investment in new industrial projects, …

KARACHI: State Bank of Pakistan (SBP) Governor Dr Reza Baqir on Thursday said the worst phase of economic stabilisation is now over and the country’s business sector has a bright future ahead of them. He made these remarks during his keynote address at the “CEO Summit Asia 2020” organised by the CEO Club Pakistan and Management House at a local …