Pakistan Institute of Development Economics

The Autonomy for SBP: A Fresh Look at Central Bank Independence - Part III
Moderator: Dr Nadeem Ul Haque, VC, PIDE

In a significant move, the federal cabinet approved amendments in the State Bank of Pakistan (SBP) Act in the name of central bank autonomy, price stability and accountability. The benefit of central bank independence is well documented in the literature. However, there is a dire need to evaluate several important questions