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First Time Government not borrowing from State Bank, Raza Baqir

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Pakistan is off to a good start, as the number of tax payers have increased significantly: Governor state bank

Cambridge : Governor of state bank of Pakistan said Pakistan is off to a good start, as the number of tax payers have increased significantly, he said more this is the first time the Government of Pakistan is not borrowing from the State Bank.

Mr raza baqir is addressing at Pakistan Development Forum 2019 held at the Harvard University also seated alongside Adviser to Prime Minister of Pakistan Dr Hafeez Sheikh in the event co-hosted by Evidence for Policy Design EPoD and the Centre for Economic Research in Pakistan (CERP).

The state bank chief Speaking about the IMF bailout program, that Pakistan is off to a good start, as the number of tax payers have increased significantly.

Further more Baqir said.“We’ve embarked on a programme with the IMF. How is it different? The fiscal adjustment is off to a very good start. There is more to be done there but there is all the ground to be optimistic, such as the number of tax payers having grown significantly”

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