He expected that the government would take appropriate measures to facilitate further industrial investment, which had slowed down due to damaging of competitiveness as compared to other countries in the region where discount rate was much lower than that in Pakistan.
In the opinion of Maqsood Ismail, the expansion of economy is imperative in order to meet the budgetary targets and to create employment opportunities for the people. It is possible only with the availability of cheaper liquidity to the investors who are looking for setting up of new industrial projects. For this purpose the SBP should take lead to frame the investment friendly monetary policies keeping in view the current economic indicators.-PR