SBP governor unveils ‘strategic plan’ for 2023-28

State Bank of Pakistan (SBP) Governor Jameel Ahmad on Friday launched the SBP’s strategic plan, SBP Vision 2028, for the period 2023-2028 in a ceremony held here. The ceremony was attended by the senior management of the bank. The SBP Vision 2028, the first plan after amendments to the SBP Act, highlights the central bank’s vision, mission and key goals to be pursued over the next five years. The strategic plan has been developed through a consultative and inclusive process with key stakeholders. Speaking on the occasion, the Governor SBP highlighted that SBP Vision 2028 represents SBP’s commitment to foster price and financial stability and to contribute in a sustainable economic development of the country. He said evolving risks and challenges to the economy and financial stability, including climate change, rapid digital innovations and disruptions, and growing cyber security threats, have also been kept in perspective while developing the plan. (Business Recorder)