KARACHI: State Bank of Pakistan (SBP) on Wednesday said that stakeholders would be taken onboard while taking decision on Treasury Single Account (TSA).
In a statement, the central bank said that some news are circulating on social media regarding government plans to introduce TSA.
While the proposal to introduce TSA is being examined by the government in consultation with the SBP as part of its agenda to reform public financial management, however, no decision has yet been made to implement the TSA, the central bank said.
“Any decision in this regard will be taken after due consultation with all the stakeholders and assessing its impact on the banking industry,” it added.
It will, therefore, be premature to form any opinion about the proposed policy decision and thus the market players should avoid engaging in any speculative activities based on this proposal which is still under examination.
