Pakistan Central Bank Governor Baqir on Policy, Economy

Pakistan Central Bank Governor Baqir on Policy, Economy

Assessment

Interactive Video

Business

University

Hard

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The video discusses Pakistan's monetary policy, highlighting its accommodative stance with a 7% policy rate amid COVID-19 uncertainties. It covers the government's successful COVID-19 strategy, including cash transfers and maintaining low public debt. Economic growth forecasts are revised to 3.9% due to central bank stimulus and prudent fiscal measures. Inflation is expected to be close to 9%, driven by energy and food prices. The IMF program is transitioning from stabilization to growth, with significant improvements in the current account and reserves.

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3 questions

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1.

OPEN ENDED QUESTION

3 mins • 1 pt

How has the government of Pakistan managed to bring down the number of COVID-19 cases?

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2.

OPEN ENDED QUESTION

3 mins • 1 pt

What are the projected growth rates for Pakistan's economy according to the government and the Central Bank?

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3.

OPEN ENDED QUESTION

3 mins • 1 pt

What measures have been taken to stabilize Pakistan's current account deficit and how has it changed recently?

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