Category Archives: State Bank of Pakistan

Without a fraction of reserve

Banks freely manufacture 90% of money. So why aren’t the majority of citizens being served?    November 27, 2013 NAJMA SADEQUE   Paper money and coins are for the general public – the ‘little’ people, who don’t earn enough to … Continue reading

Posted in Banking, Global Economy, IMF & World Bank, Money Banking, Pakistan's Economy, Paper Money, State Bank of Pakistan, World Bank/IMF | Tagged , , , , , , | Leave a comment