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Top Story February 20, 2021 ISLAMABAD: The State Bank of Pakistan (SBP) has provided a stimulus package of Rs2 trillion or 4.8 percent of GDP for extending support to businesses and household cash flows after the COVID-19 pandemic at a time when the IMF program was on hold. It was the crux of one-hour-long discussions with the Governor State Bank of Pakistan Dr Reza Baqir who gave an interview to The News here at the SBP Office in Islamabad on Friday. The governor SBP dwelt upon various issues, including converting current account deficit into surplus, placement of exchange rate mechanism on basis of market based mechanism, measures taken by the SBP to mitigate negative effects of COVID-19 pandemic and many other issues. ....
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