Federal Minister Hammad Azhar said that 60% of the plants installed in the past are running on imported fuel. The government has protected the sovereignty of the SBP.
The appointment of board members is the prerogative of the federal government. All assets of the SBP will remain the property of the federal government. The SBP is as independent in Europe as in Pakistan. Not in Pakistan. The SBP is more independent than other central banks in the world.
He said that PML-N had also approved the independence of SBP in Kabul in 2015. PML-N is shining a political shop in the name of SBP Bill. Prices rise in Pakistan too
The SBP board is determined by the federal government. The more independent the SBP is, the lower the inflation rate will be.
He said that industrial gas is being transferred to domestic consumers in Karachi and supply of gas to domestic consumers is a priority.
There are 1900 non-export industries in Karachi. There is gas crisis in Karachi.
