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What is State Bank of Pakistan about?

The State Bank of Pakistan, like other central banks in developing countries, performs both traditional and developmental functions to achieve macro-economic goals. Its traditional functions include issuing notes, regulating the financial system, and conducting monetary policy, while its developmental functions focus on enhancing monetary and capital markets and promoting economic growth. Overall, the bank plays a crucial role in managing the economy and ensuring resource utilization.

Author

Bilal

Language

EN