This book provides a historical record of the growth and development of banking in Pakistan. It chronicles important events in the field of monetary management and critiques monetary and fiscal
policies pursued in Pakistan since independence.
This fifth edition contains a comprehensive analysis of the current situation of the financial and monetary system in Pakistan from 1947 till 2003.
The book covers graduate and undergraduate courses in Economics, Finance and Banking, and Business Studies. It also serves as a textbook for MBA, ICAP, IBP, and ICMAP course of studies. It is
essential reading for those taking the Institute of Bankers and similar professional examinations. Policy-makers and researchers seeking a comprehensive overview of Pakistan’s financial sector
will find this new edition an essential reference.
