The State Bank of Pakistan has announced three measures to address the economic and health
challenges posed by the spread of coronavirus. They include:
SBP's policy rate cut by 75 basis points to 12.50 per cent
A “Temporary Economic Refinance Facility (TERF)” to stimulate new investment in manufacturing
A “Refinance Facility for Combating COVID–19 (RFCC)” to support hospitals and medical centres in combating the spread of the virus.
The just solution lies in India addressing the issue through a trilateral dialogue involving the legitimate representatives of the Kashmiri people and Pakistan.
