Pakistan, April 13 -- Governor State Bank of Pakistan (SBP), Dr Reza Baqir has expressed confidence that the country's economy would grow by 3 percent during the current fiscal year 2020-21 despite the ongoing battering faced in wake of the third wave of Covid-19.
Speaking at the Pakistan Stock Exchange (PSX) on Monday, he said that the central bank remains available to lend support to the stock market. "Central bank is working on regulations to develop the secondary debt market at the Pakistan Stock Exchange," he said.
He said that overseas Pakistanis are investing at PSX through the central bank's Roshan Digital Account (RDA) initiative.
Talking about the third Covid-19 wave, Reza Baqir said that Pakistan entered the third wave of Covi...