Pakistan

Governor SBP briefs the FM on increase in foreign exchange

Governor SBP briefs the FM on increase in foreign exchange

Governor SBP briefs the FM on increase in foreign exchange, performance of the State Bank and other economic indicators.

During meeting with Foreign Minister Shah Mahmood Qureshi in Islamabad, Governor State Bank Reza Baqir briefed him on Friday.

Governor SBP briefs the FM on increase in foreign exchange

Reza Baqir briefed the FMon the performance of SBP, increase in foreign exchange and other economic indicators.

FM Qureshi expressed the confidence that the government will soon overcome the economic challenges facing the country.

He said increase in foreign exchange amidst coronavirus pandemic reflects overseas Pakistanis’ trust in the economic policies of the current government.

Foreign Minister Shah Mahmood Qureshi referred to European Union’s continuation of GSP Plus status for Pakistan.

While citing appreciation of rupee and other economic indicators, he said, these signify that we are heading towards the right direction.

Shah Mahmood said Pakistani ambassadors are introducing investment opportunities in Pakistan.

Furthermore, he said the government’s business friendly policies across the world through economic diplomacy.

GTV

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