Increasing bank lending should to be the next move. The ratio of advances to deposits should increase from present 44.7% to almost 60%. To generate liquidity, it would be prudent to progressively reduce GOP holdings (T/bills-Bonds-Sukuk) to less than Rs 15 trillion. Thirdly, an OMO injection of Rs. 5 trillion should be assigned to banks for the corporate sector in order to meet the 60% bank…
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