Answer to Question #281463 in Macroeconomics for rro

Question

You have been appointed as the Governor- State Bank of Pakistan. Your first task is to identify recent issues in the economy that can be resolved by the State Bank and mention, how will you resolve them using monetary tools? 

Answer 1

The role of the State Bank of Pakistan is to regulate the monetary and credit system of Pakistan. It fosters its growth in the best national interest with a view to securing monetary stability and fuller utilization of the country productive resources. It is a bank which is responsible for the financial and economic stability of the country.