SBP introduces measures to facilitate coronavirus-hit economy


A stockbroker monitors share prices at the Pakistan Stock Exchange (PSX) in Karachi, Pakistan, March 13, 2020. AFP/Asif Hassan The State Bank of Pakistan (SBP) has introduced three key measures to facilitate the coronavirus-hit Pakistani economy and encourage investment at the same time. In a press release issued Wednesday, the central bank said the measures ? including the policy rate cut yesterday ? were aimed at tackling “the economic and health challenges posed by the spread of COVID-19”, or the novel coronavirus.