Shaukat Tarin lauds SBP for shielding businesses
Federal Minister for Finance and Revenue Shaukat Tarin commended the measures taken by the State Bank of Pakistan (SBP) to shield small and medium businesses against insolvency and joblessness amid the Covid-19 pandemic.
A press statement issued by the Finance Ministry said that Tarin met SBP Governor Dr Reza Baqir who updated him on different policy initiatives taken by the central bank to support businesses amid the pandemic.
The finance minister also lauded the Roshan Digital Accounts initiative which facilitated non-resident Pakistanis to mobilise their savings by making investment in Pakistan through online banking.
Meanwhile, Adviser to the Prime Minister on Institutional Reforms and Austerity Dr Ishrat Hussain also called on the federal minister and briefed him on the progress made on various aspects of Civil Services reforms.
The finance minister underscored the importance of reforms with a key focus on efficient and effective public service delivery to the masses as envisaged by Prime Minister Imran Khan.
PM Imran Khan Sunday expressed full confidence in the abilities of newly appointed Finance Minister Shaukat Tarin.
Tarin held an important meeting with Imran Khan and discussed matters pertaining to economic situation of the country. A private TV channel reported that economists, financial experts, Federal Minister for Energy Muhammad Hammad Azhar and social media members of the ruling party were also present.
The meeting took place at the Prime Minister's House two days ago. The participants of the meeting questioned Shaukat Tarin about his economic plan.
Responding to a question regarding his interview to a private TV channel about government's economic plan and a comment in a television interview on the country's economic situation, Tarin said what was said in the TV interview was not only about the present government adding that he couldn't provide a full account of the economic situation in a short time.