FBR, SBP: change at the top - News Summed Up
FBR, SBP: change at the top

FBR, SBP: change at the top

May 05, 2019 04:52 UTC

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FBR, SBP: change at the top


Step to remove SBP, FBR execut­ives amid bailou­t talks with IMF is riskyThe PTI and Imran Khan are skilled at inciting emotions that possess high shock value. At the time of writing, Pakistan is without a governor in the State Bank of Pakistan and without a Federal Board of Revenue chairman. Both gentlemen were removed on May 3 from their respective positions amid expressed discontent by PM Khan over their performance and the resulting deficits. The step to remove the SBP and FBR executives at this time might be prudent, but amid bailout talks with the IMF and reforming tax policies to improve the tax revenue deficit, the timing is risky. Like Opinion & Editorial on Facebook, follow @ETOpEd on Twitter to receive all updates on all our daily pieces.


Source: The Express Tribune May 05, 2019 04:52 UTC



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