Home | Business News | Browse by Publication | E | Economic Review

Credit Plan 2004-05.

Publication: Economic Review
Publication Date: 01-JUL-04 		Format: Online
Delivery: Immediate Online Access

Article Excerpt
The Credit Plan unveiled by the State Bank of Pakistan at the beginning of every fiscal year, would look like a dull affair to an ordinary person, but actually is significant for its impact on the behavior of major economic variables like growth, inflation and exchange rate. For the last few years the State Bank in consultation with the National Credit Consultative Council (NCCC), a body charged with the task of preparing the draft Credit Plan, has been pushing for an expansionary monetary and credit policy characterised by low interest rate environment and an almost unbridled growth in credit. In the NCCC meeting chaired by the SBP Governor, on 17th July, 2004, monetary and credit developments in 2003-04 were reviewed as usual and targets set for 2004-05 that give a fairly good idea of the policy intentions of the monetary authorities of the country. As for the 2003-04 monetary expansion at Rs. 366 billion or 17.6, it percent...

Read the FULL article now - Try Goliath Business News - FREE!   
You can view this article PLUS...

  • Over 5 million business articles
  • Hundreds of the most trusted magazines, newswires, and journals (see list)
  • Premium business information that is timely and relevant
  • Unlimited Access

Now for a Limited Time, try Goliath Business News - Free for 3 Days!
Tell Me More   Terms and Conditions

Get Goliath Business News for 1 year - Just $99 (Save 65%)
Tell Me More   Terms and Conditions

Already a subscriber? Log in to view full article



More articles from Economic Review
Food safety: global perspective., July 01, 2004
Trend in textile engineering industry of Pakistan., July 01, 2004
Pakistan to face 5,000mw power shortage by 2006., July 01, 2004

Looking for additional articles?
Search our database of over 3 million articles.

Looking for more in-depth information on this industry?
Search our complete database of Industry & Market reports by text, subject, publication name or publication date.

About Goliath
Whether you're looking for sales prospects, competitive information, company analysis or best practices in managing your organization, Goliath can help you meet your business needs.

Our extensive business information databases empower business professionals with both the breadth and depth of credible, authoritative information they need to support their business goals. Whether it be strategic planning, sales prospecting, company research or defining management best practices - Goliath is your leading source for accurate information.