How quickly and effectively the monetary policy actions influence the spectrum of market interest rates depends upon the level of development of various segments of financial markets, particularly the money market. Cross-country studies suggest that as domestic financial markets grow, transmission of monetary policy through various channels becomes better.
I am sure in this way, we will be able to produce a large pool of quality accountants whose services can be exported abroad or utilized at home. Tenth, the tourism industry has not taken off in Pakistan for a variety of reasons, including the negative perception that the country is a dangerous place to visit.