Pakistan's central bank to adopt a wait-and-see approach to spur business confidence, governor says

SINGAPORE — Pakistan's central bank is in "wait-and-see" mode to give businesses the confidence they need to start investing again and keep people employed, Governor Reza Baqir said Wednesday.

Though Pakistan has reported more than 308,000 cases since January, the number of daily infections has gone down since its peak in June. Still, the country is reporting hundreds of new cases everyday, according to Johns Hopkins University data. , disbursed in tranches, to stave off a potential balance of payments crisis in exchange for fiscal consolidation and structural reforms.country's total debt and liabilities was about 44.56 trillion Pakistani rupees

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