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Autonomous SBP


Autonomous SBP
March 11, 2021
The State Bank of Pakistan’s amended Bill-2021 including the proposal for a new board of directors deserves some comments. It seeks to get the mandate to keep administrative and management powers which will also include the authority to formulate exchange rate policy. This proposed amendment has tried to define the objectives of the SBP itself by elaborating that the primary objective of the central bank is to achieve and maintain domestic price stability. There can hardly be any disagreement about the SBP’s potential contribution to the stability of the financial system of the country, but it is the government’s general economic policies that should be aligned to foster development and utilization of productive resources. The amendment also proposes abolishing the Monetary and Fiscal Coordination Board MFCB). This board currently plays its role under the chairmanship of the minister for finance with the representation of various mini ....

State Bank , Fiscal Coordination Board , நிலை வங்கி , நிதி ஒருங்கிணைப்பு பலகை ,

Virtual show in New Zealand spotlights ancient bronze drums


Virtual show in New Zealand spotlights ancient bronze drums
Chinaculture.org |
Updated: 2021-03-11 15:02
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The China Cultural Center in Wellington launched an show on bronze drums excavated in Guangxi Zhuang autonomous region. [Photo provided to Chinaculture.org]
An online show on bronze drums excavated in Guangxi Zhuang autonomous region was recently launched by the China Cultural Center in Wellington, New Zealand.
With a history of more than 2,000 years, bronze drums have appeared in a variety of fields in Chinese culture, including wars, ceremonies, paintings and dances.
And Guangxi is home to thousands of bronze drums, ranging from the Spring and Autumn Period (770-476 BC) to the Qing Dynasty (1644-1911). ....

New Zealand General , New Zealand , Guangxi Zhuang , China Cultural Center , Autumn Period , Qing Dynasty , புதியது ஜீலாந்து ஜநரல் , புதியது ஜீலாந்து , சீனா கலாச்சார மையம் , இலையுதிர் காலம் காலம் , குயிங் ஆள்குடி ,

Retiree, 93, recalls Party spirit at country's first steel factory


Retiree, 93, recalls Party spirit at country’s first steel factory
By Yuan Hui in Hohhot and Ye Zizhen |
chinadaily.com.cn |
Updated: 2021-03-10 16:47
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Gao Lingxiao reads a newspaper at her home in Baotou, Inner Mongolia autonomous region. [Photo provided to chinadaily.com.cn]
One of the first State-owned iron and steel companies in the People s Republic of China Baogang continues to call forth warm memories for those who worked there in the early years. It was a key economic driver for the newly organized nation.
My years at Baogang left a deep impression, said Gao Lingxiao, a 93-year-old company retiree. People like me from around the country were devoted to Baogang and the development of Inner Mongolia. I am so proud of Baogang. ....

Inner Mongolia , Nei Mongol , Gao Lingxiao , Department Of Industry , Five Year Plan , உள் மங்கோலியா , னே மங்கோல் , துறை ஆஃப் தொழில் , ஐந்து ஆண்டு திட்டம் ,