Country out of economic crisis

SIALKOT - Governor State Bank of Pakistan (SBP) Dr Shamshad Akhtar said that the country has successfully come out of the worst economic distress. She said that the national economy growth has jumped to 6.3 percent due to economic policies of the government.
She stated this while addressing an important meeting of Sialkot business community held at Sialkot Chamber of Commerce and Industry (SCCI) here after visiting several leading industrial units in Sialkot amid tight security.
SCCI President Hassan Ali Bhatti, Vice President Farooq Ahmad Mayer, Chairman Sialkot Dry Port Trust Khawaja Zakaud Din, Chairman Child and Social Development Organisation (CSDO) Muhammad Younas Ratra, former chairman Pakistan Sports Goods Manufacturers and Exporters Association (PSGMEA) Prof Safdar Sandal, member SCCI Executive Committee Ayesha Anwar Butt and Chief Manager State Bank Sialkot Saeed Hassan were also present on the occasion.
Governor SBP hinted out that the State Bank of Pakistan (SBP) would further tighten the monetary policy if required. However after examining the financial data of November and December, the SBP would determine further line of action on interest rate.