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SBP bill proposes five-year term for governor, other members of MPC

National
April 4, 2021
ISLAMABAD: The government has proposed extending tenure of governor, deputy governors, non- executive directors, and external members of the Monetary Policy Committee (MPC) from three to five-year term under State Bank of Pakistan (SBP) Amendment Bill 2021 to bring it in line with the tenure of the politically-elected government.
According to the draft of the SBP amendment bill 2021, the Governor, Deputy Governors, the executive directors and the external members of the Monetary Policy Committee shall be appointed for a term of five years and shall be eligible for one re-appointment for another term of five years.
No person shall hold the office of the Governor or Deputy Governor after attaining the age of 65 years. The proposed bill states that all the aforementioned members of the Monetary Policy Committee shall not be eligible to become a Director or Member after vacating the office until the expiry of the term of office for which they we ....

Tariq Bajwa , Naveed Kamran Baloch , Raza Baqir , Pervez Tahir , Monetary Policy Committee , State Bank , Amendment Bill , Deputy Governors , Deputy Governor , Chief Economist Dr Pervez Tahir , Governor Tariq , Finance Division , Finance Naveed Kamran Baloch , தாரிக் பஜ்வா , நவீத் கம்ரான் பலூச் , ர்யாஸா பாகீர் , பெறுவேஜ் தாஹிர் , பண பாலிஸீ குழு , நிலை வங்கி , திருத்தம் ர சி து , துணை கவர்னர்கள் , துணை கவர்னர் , தலைமை பொருளாதார நிபுணர் டாக்டர் பெறுவேஜ் தாஹிர் , கவர்னர் தாரிக் , நிதி பிரிவு , நிதி நவீத் கம்ரான் பலூச் ,

SBP bill proposes five-year term for governor, other members of MPC

SBP bill proposes five-year term for governor, other members of MPC
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Tariq Bajwa , Naveed Kamran Baloch , Raza Baqir , Pervez Tahir , Monetary Policy Committee , State Bank , Amendment Bill , Deputy Governors , Deputy Governor , Chief Economist Dr Pervez Tahir , Governor Tariq , Finance Division , Finance Naveed Kamran Baloch , தாரிக் பஜ்வா , நவீத் கம்ரான் பலூச் , ர்யாஸா பாகீர் , பெறுவேஜ் தாஹிர் , பண பாலிஸீ குழு , நிலை வங்கி , திருத்தம் ர சி து , துணை கவர்னர்கள் , துணை கவர்னர் , தலைமை பொருளாதார நிபுணர் டாக்டர் பெறுவேஜ் தாஹிர் , கவர்னர் தாரிக் , நிதி பிரிவு , நிதி நவீத் கம்ரான் பலூச் ,

IMF wants SBP Amended Act 2021 approved from parliament

IMF wants SBP Amended Act 2021 approved from parliament
Top Story
March 11, 2021
ISLAMABAD: The International Monetary Fund (IMF) has shared a draft of the Memorandum of Financial and Economic Policies (MEFP) with the Pakistani authorities and placed approval of the SBP’s amendment act 2021 from parliament as part of condition for the completion of the sixth review under the $6 billion Extended Fund Facility (EFF) programme.
The hiking of gas tariff with effect from July 1, 2021 has also been part of the IMF programme. The power tariff will further be increased in the months ahead. The government has also agreed to accelerate the stalled privatisation programme and renewed efforts will be made to privatise certain state-owned entities. The government has also agreed to continue the fiscal consolidation but the budget deficit target exceeded slightly than the envisaged target of seven percent of the GDP for the current fiscal year. ....

Abdul Hafeez Shaikh , Naveed Kamran Baloch , Raza Baqir , Teresa Daban Sanchez , Q Block Finance Ministry , International Monetary Fund , Fund Facility , World Bank , Economic Policies , Extended Fund Facility , Tax Reform Amendment Bill , General Sales Tax , Tax Reform Bill , Finance Bill , Finance Dr Abdul Hafeez Shaikh , Finance Ministry , Finance Naveed Kamran Baloch , Executive Director , Reserve Bank , Reserve Bank Act , Deputy Chairman Senate , Pakistan Teresa Daban Sanchez , அப்துல் ஹபீஸ் ஷேக் , நவீத் கம்ரான் பலூச் , ர்யாஸா பாகீர் , தெரசா தபன் சான்செஸ் ,

IMF wants SBP Amended Act approved from parliament

IMF wants SBP Amended Act approved from parliament
Top Story
March 11, 2021
ISLAMABAD: The International Monetary Fund (IMF) has shared a draft of the Memorandum of Financial and Economic Policies (MEFP) with the Pakistani authorities and placed approval of the SBP’s amendment act 2021 from parliament as part of condition for the completion of the sixth review under the $6 billion Extended Fund Facility (EFF) programme.
The hiking of gas tariff with effect from July 1, 2021 has also been part of the IMF programme. The power tariff will further be increased in the months ahead. The government has also agreed to accelerate the stalled privatisation programme and renewed efforts will be made to privatise certain state-owned entities. The government has also agreed to continue the fiscal consolidation but the budget deficit target exceeded slightly than the envisaged target of seven percent of the GDP for the current fiscal year. ....

Abdul Hafeez Shaikh , Naveed Kamran Baloch , Raza Baqir , Teresa Daban Sanchez , Q Block Finance Ministry , International Monetary Fund , Fund Facility , World Bank , Economic Policies , Extended Fund Facility , Tax Reform Amendment Bill , General Sales Tax , Tax Reform Bill , Finance Bill , Finance Dr Abdul Hafeez Shaikh , Finance Ministry , Finance Naveed Kamran Baloch , Executive Director , Reserve Bank , Reserve Bank Act , Deputy Chairman Senate , Pakistan Teresa Daban Sanchez , அப்துல் ஹபீஸ் ஷேக் , நவீத் கம்ரான் பலூச் , ர்யாஸா பாகீர் , தெரசா தபன் சான்செஸ் ,