Sections of SBP amendment bill violate constitution, says Farogh Naseem

ISLAMABAD: Law Minister Barrister Dr Farogh Naseem has said that the proposed Section 46B(8) in the State Bank (Amendment) Bill 2021 is violative of the Constitution. While briefing the International Monetary Fund officials via video link on Monday, he said the provision provides that the central bank would be consulted on any proposed legislation relatable to the SBP. The legislative power has been conferred by … Continue reading Sections of SBP amendment bill violate constitution, says Farogh Naseem