These protections also come with an obligation to act in a responsible manner at all times. Inappropriate behaviour by policymakers can damage the reputation of central banks and be used by politicians to build a narrative against independence.
Sustainability of investment trends would, among others, depend on Pakistan’s success in improving the business climate by removing investment constraints, continuity in financial reforms coupled with strong vigilance of credit growth, and success in curbing inflationary pressures and tendencies within manageable levels.