Shamshad Akhtar: Policy tradeoffs and structural issues Speech by Dr Shamshad Akhtar, Governor of the State Bank of Pakistan, at the Golden Jubilee of the Pakistan Institute of Development Economic, Islamabad, 11 March 2008.
*  *  *  Resilience of Pakistan’s economy in the face of unforeseen global and multiple domestic shocks has been a subject of debate – proponents of outgoing Government arguing that it has strengthened, while opponents criticize the state of the economy. In these circumstances, I propose to provide a neutral, unbiased and economic reasoning for why and where we stand today?