Despite its passage its implementation is virtually non-existent. That, more than anything else, summarises the reality of the State Bank Autonomy Bill 2021 that was the topic of fierce debate for months. Without stopping or turning to look at us, he simply wagged his finger in our direction and said “let’s not kid ourselves on the question of autonomy here gentlemen” and walked on ahead. Just as he was saying this Dr Ishrat Hussain passed. Some are more public in their decisions while others like to operate a little under the radar without ruffling too many feathers,” he said when asked directly how Governor Jameel Ahmad measured up to his predecessor. “Look, different people have different management styles. This was the real question being asked of the SBP member at the university conference. During his time as governor, the functioning of the central bank has gone back to the status quo that it has followed for decades - that the bank is controlled through the finance ministry. Meek, not gifted with the same natural charm or communication skills that Reza Baqir had, and much less of a public figure, Jameel Ahmad has operated the SBP from the shadows. By the time Reza Baqir’s term as governor ended in August 2022, the government of Imran Khan which had passed the SBP autonomy bill had been dismissed through a Vote of No-confidence and the Shehbaz Sharif led coalition government had come to power. But despite the bill being passed in February 2022, the SBP’s autonomy seems to have been short lived. At the time the SBP’s governor was Reza Baqir who fought a long battle to ensure the independence of the central bank from the finance ministry. The State Bank of Pakistan (SBP) Amendment Bill 2021 had made sure the SBP was autonomous and could control inflation targeting. I’m not sure what you’re talking about,” he responded with a light chuckle. The gentleman, who is a distinguished professional with years of experience on the policy end of the central bank, was there to moderate a panel and the conversation took place in a small break between sessions over sandwiches and rushed cups of tea.Īfter exchanging pleasantries there was really just one question that was asked - Whatever happened to the State Bank’s hard earned autonomy? “The autonomy is still legally and constitutionally there. The meeting was not quite in the most official of settings and the event was closed to the public. No matter how alone you feel, your never going to be.At a conference hosted by a private university in Lahore back in May this year, this correspondent ran into a ranking member of the State Bank of Pakistan (SBP). I get that it isn’t easy to walk away, but it’s not worth staying in that type of a relationship. There will be family, friends and services that are available that can help and support. I can’t stress enough that anyone suffering from domestic violence, you are not alone and never will be. The image I have seen only shows sadness. The final images of Fawziyah show that she was walking a few feet behind her husband, who knows what she must have been thinking at the time. He was recently sentenced to minimum term of 20 years in prison. The man who was supposed to love and protect her. You would have made your parents and family proud ❤️įawziyah was murdered by her husband, Kashif Anwar. I didn’t know this young woman but quite clearly she put others needs before her own. She participated in many charity events and had already forged a successful career as a solicitor. Ameen.įawziyah was described as a angel on earth. May you find your way to the highest heavens sister.
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