Policy Recommendations

Social Footprint Of Central Banking & Monetary Policy In Pakistan

 

  • To address inflation targets, the State Bank of Pakistan (SBP) needs to be independent of interference from all institutions except the Parliament. However, there must be accountability and transparency in its policies so people can understand the impact it will have on them.
  • To address the challenges faced by the business community due to frequent changes in monetary policy, Pakistan must establish a long-term plan and bring back the inflation monitors to keep it in track.
  • Public policymaking process must be gender-inclusive to ensure that the interests of marginalized communities are safe and catered for.