Economic stability top priority, says SBP governor

SBP Governor Dr Reza Baqir, while speaking to the business community, has said that stabilizing economy was a top priority while effective and comprehensive measures were being put in place for improving economy gradually. He said that reason behind increasing trade deficit in recent years was the absence of market-based exchange rate. The govt., he said, desired to increase profitability of private business and to promote employment; if the private sector had issues with the public sector, the govt. would make all out efforts to resolve their problems, he assured.