Gohar Ejaz says State Bank is causing annual Rs3 trillion loss to national exchequer
Former federal minister Gohar Ejaz has asked a set of questions from the State Bank of Pakistan (SBP) regarding the policy rate, reported 24NewsHD TV channel.
In a post uploaded on X platform on Tuesday, Gohar Ejaz asked the central bank why it is not realizing the annual loss of Rs3 trillion it is causing to the national exchequer by keeping the policy rate at 11 percent instead of six percent.
He further said the policy rate should be at six percent in line with this year’s year-to-date inflation of below five percent.
Gohar Ejaz said lowering the policy rate to five percent will allow the country to grow, create employment and boost exports.
Policy Paralysis Costing Billions
— Dr Gohar Ejaz (@Gohar_Ejaz1) June 24, 2025
Why is our Central Bank not realizing the annual loss of PKR 3 trillion it is causing to the national exchequer by keeping the policy rate at 11% instead of 6%, in line with this year's year-to-date inflation of below 5%, and allowing the… pic.twitter.com/9asfMX83m4
Reporter Waqas Azeem