Pakistan Central Bank to Pause After Latest Rate Hike, Governor Says

The video discusses Pakistan's economic recovery post-COVID, highlighting brisk growth and increased car sales and textile exports. It addresses the impact of global commodity prices on inflation and the current account deficit, leading to interest rate hikes. The transition to a market-based exchange rate system has helped build reserves. The video also covers the IMF program, central bank autonomy, and the growth of fintech in Pakistan. Finally, it touches on monetary policy and the ongoing debate on crypto regulation.

What was the expected economic growth rate for Pakistan in the fiscal year ending June 2022?

• 6%

• 5%

• 4%

• 3%

What was the main reason for the recent weakening of the Pakistani rupee?

• Rise in domestic demand

• Decrease in exports

• Transition to a market-based exchange rate

• Increase in foreign investments

How has the market-based exchange rate system benefited Pakistan?

• Reduced economic growth

• Served as a shock absorber

• Decreased foreign reserves

• Increased inflation

What is one of the key provisions of the proposed central bank autonomy bill?

• Increase government control

• Limit accountability to Parliament

• Reduce operational autonomy

• Clarify objectives of the Central Bank

What is the current trend in Pakistan's fintech sector?

• Stable growth

• Decline in investments

• Decrease in mobile subscribers

• Record funding and growth

What is a key factor the Central Bank will consider before deciding on future monetary policy?

• Foreign aid

• Tourism growth

• Current account deficit

• Political stability

What is the Central Bank's stance on cryptocurrency regulation?

• Cautious approach

• Full endorsement

• Complete ban

• Immediate liberalization