SBP denies news reports
1/21/2012 10:48:50 AM
KARACHI: The State Bank of Pakistan (SBP) has categorically denied reports appearing in a section of the press Friday which stated that it (SBP) opposed the debt swap deal with commercial banks.
The State Bank spokesman on Friday said that the issue of debt swap deal with commercial banks was not discussed in the meeting of Monetary and Fiscal Coordination Board, which was held under the chairmanship of the Federal Finance Minister, Dr Abdul Hafeez Shaikh in Islamabad on Thursday.
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