Writer is doing PhD in economics from Institute of business administration (IBA). He has completed his MPhil in Economics from Quaid-i-Azam University Islamabad in 2021.
Many people are still confused about how monetary policy operates, leaving open concerns about its structure and the people in charge of determining it. I also struggled with similar questions before I visited the Central Bank of Pakistan. How is the policy rate decided? Who makes monetary policy decisions?...
