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Timely Actions by the Govt Mitigated Pandemic’s Impact on Economy
A meeting of the Monetary and Fiscal Policies Coordination Board, under the chairmanship of the Minister for Finance and Revenue, Dr. Abdul Hafeez Shaikh, was held today.
Adviser to PM on Commerce and Investment, Abdul Razak Dawood, Deputy Chairman Planning Commission, Muhammad Jehanzeb Khan, Governor State Bank of Pakistan (SBP), Dr. Reza Baqir, Dr. Asad Zaman, and members and senior officials of the Finance Division, participated in the meeting. Chairman FBR, Javed Ghani, also attended the meeting on special invitation.
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While presenting the current economic situation, the Finance Secretary apprised that the timely actions taken by the government have mitigated the severe impact of the pandemic on the economy as compared to the other economies of the world.