Analysis and Critique of Monetary Policy for Fiscal year

por pinkynihal
Tipo de archivo no soportado

Analysis of FY11’s economic condition reveals a mixed situation. The country endured floods in July and severe energy crises which along with other factors led to weakening economic growth, abating private investment with persistent inflation figures and large budget deficit. SBP kept its tight monetary policy stance for some time. The policy rate was increased by 150 basis points (bps), staggered in three stages of 50 bps each, since July 2010.

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