Section 4B: Objectives — State Bank of Pakistan Act, 1956 (SBP Act)

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4B. Objectives.⸺(1) The primary objective of the Bank shall be to achieve and maintain domestic price stability. (2) Without prejudice to the Bank’s primary objective, the Bank shall contribute to the stability of the financial system of Pakistan. (3) Subject to sub-sections (1) and (2), the Bank shall support the Government’s general economic policies with a view to contributing to fostering the development and fuller utilization of Pakistan’s productive resources.

Effective date: 1956-04-18

Related sections

Section 4A: Re-capitalization Section 4C: Functions of the Bank Section 4: Share capital Section 5: [Omitted]Section 3: Establishment and incorporation of the Bank Section 6: [Omitted]

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