
3G Auction may Attract $1 Billion: Said by Governor SBP
The auction of 3G license in Pakistan can attract more than one billion dollars as against a minimum target of $850 million, resulting positive impacts on economy mainly to contain a widening fiscal deficit of the country, it was said by Governor – State Bank of Pakistan (SCB) Mr. Yaseen Anwar. In a press conference […]
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3G Licences Sales Must for Containing Fiscal Deficit: SBP
In quarterly report by State Bank of Pakistan (SBP) said that without sale of 3G licences (around 150 billion) would be difficult for the government to contain fiscal deficit. In the report released on Thursday, the SBP said, ” the budget deficit for the first quarter 2011-12 was 1.2 percent of GDP, compared with 1.5 percent […]
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