business

January 22, 2016

SBP delays monetary policy meeting as govt holds up board nominations

KARACHI: The State Bank of Pakistan on Thursday delayed its monetary policy meeting for the January-February period after the government failed to complete the appointments of new independent members to the bank’s policy board in time. “As soon as the nominations are received, the SBP will issue schedule for the monetary policy meeting,” Abid Qamar, Chief Spokesman of the central bank, said. “The SBP has not received nominations of external members from the ministry of finance to...