The State Bank of Pakistan has announced three measures to address the economic and healthchallenges 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.