Dr. Reza Baqir, Governor State Bank of Pakistan, will address an inaugural session in Karachi today to discuss the economic outlook of the country and the role being played by SBP.
As per Central Bank Spokesperson, the Governor will address the press conference and answer the Questions from the Media.
Announcing Economic Outlook is a novel practice being set out by the incumbent SBP Governor in order to reduce any uncertainty present in the system regarding the Economy. The Mint PK believes that the Governor will highlight Stabilization path of the economy and how critical challenges have been taken care of.
The last Finance Minister and Information Minister in PTI Cabinet were allegedly removed from their portfolios as they couldn’t defend their steps in Public. Ex-Finance Minister, Asad Umar gave very little time to media while Ex-Information Minister Fawad Chaudhry, couldn’t satisfactorily answer tough Economic questions. The media and Opposition took advantage of the silent steps took by the Government in the past and resorted to pointing scoring which led to the public bashing of the ruling Party.
The strategy now is to bring out in public positive steps and highlight any challenges and steps to counter them so that nothin remain shrouded in mystery.