ISLAMABAD: Finance Minister Ishaq Dar and Governor SBP discussed fiscal and monetary measures being undertaken for economic stability, revival and growth of country, said a press release issued here by Finance Division. Coordination of fiscal and monetary policy was also discussed in meeting.

Governor SBP Jameel Ahmad said that continuing administrative efforts by government and policy measures of SBP had resulted in achieving stability to rupee value and restrained exchange rate volatility. Governor SBP apprised Finance Minister on different macroeconomic policy initiatives in line with objectives of fiscal policy taken to achieve sustainable growth. He said that SBP is fully committed to support process of economic revival as per policies of present government and its mandate statutory.

Ishaq Dar appreciated role of SBP for economic growth of country. He acknowledged regulatory role of SBP in bringing back exchange rate stability and showed satisfaction over current monetary policies being undertaken by SBP. He stated that if monetary policy is always in consonance with fiscal policy, sustainable growth and stability in economy can be achieved. 

Published in The Daily National Courier, November, 08 2022

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