Jump to content

Reza Baqir: Difference between revisions

From Wikipedia, the free encyclopedia
Content deleted Content added
Have added some of the controversies surrounding his appointment
Line 37: Line 37:
In 2019, [[President of Pakistan|President]] [[Arif Alvi]] appointed Baqir governor of the State Bank of Pakistan for a period of three years.<ref name=":0">{{Cite web|url=http://www.sbp.org.pk/press/2019/Pr-05-May-19.pdf|title=Reza Baqir Appointed as Governor SBP|date=May 5, 2019|access-date=May 8, 2019}}</ref> The appointment took place a day after his predecessor [[Tariq Bajwa]] was unexpectedly removed from his post.<ref>Syed Raza Hassan (May 4, 2019), [https://www.reuters.com/article/pakistan-economy-cenbank/update-1-pakistan-appoints-imf-official-as-new-c-bank-governor-amid-bailout-talks-idUSL5N22G0UG Pakistan appoints IMF official as new c.bank governor amid bailout talks] ''[[Reuters]]''.</ref>
In 2019, [[President of Pakistan|President]] [[Arif Alvi]] appointed Baqir governor of the State Bank of Pakistan for a period of three years.<ref name=":0">{{Cite web|url=http://www.sbp.org.pk/press/2019/Pr-05-May-19.pdf|title=Reza Baqir Appointed as Governor SBP|date=May 5, 2019|access-date=May 8, 2019}}</ref> The appointment took place a day after his predecessor [[Tariq Bajwa]] was unexpectedly removed from his post.<ref>Syed Raza Hassan (May 4, 2019), [https://www.reuters.com/article/pakistan-economy-cenbank/update-1-pakistan-appoints-imf-official-as-new-c-bank-governor-amid-bailout-talks-idUSL5N22G0UG Pakistan appoints IMF official as new c.bank governor amid bailout talks] ''[[Reuters]]''.</ref>


==Controversies==

On his appointment, a lot of people objected his appointment on account of his previous association with IMF. just close to his appointment, Pakistan had entered into a USD 6 billion IMF program and had opted for correction measures as suggested by IMF. It was said by the opposing groups that the appointment of Reza Baqir is also on account of pressure from IMF.
<ref>https://www.reuters.com/article/pakistan-economy-cenbank/update-1-pakistan-appoints-imf-official-as-new-cbank-governor-amid-bailout-talks-idUSL5N22G0UG </ref>
==Other activities==
==Other activities==
* [[International Monetary Fund]] (IMF), Ex-Officio Alternate Member of the Board of Governors (since 2019)<ref>[http://www.imf.org/external/np/sec/memdir/members.aspx Members] [[International Monetary Fund]] (IMF).</ref>
* [[International Monetary Fund]] (IMF), Ex-Officio Alternate Member of the Board of Governors (since 2019)<ref>[http://www.imf.org/external/np/sec/memdir/members.aspx Members] [[International Monetary Fund]] (IMF).</ref>

Revision as of 13:36, 2 December 2019

Reza Baqir
20th Governor of the State Bank of Pakistan
Assumed office
4 May 2019
PresidentArif Alvi
Prime MinisterImran Khan
Preceded byTariq Bajwa
Personal details
BornKarachi Pakistan
ResidenceKarachi
OccupationEconomist

Reza Baqir is a Pakistani economist who has been serving as the 20th and current Governor of the State Bank of Pakistan since 2019.[1]

Early life and education

Baqir graduated from Harvard University and later obtained a PhD in economics at the University of California, Berkeley.[2]

Career

Reza Baqir has eighteen years of experience with the IMF and two years with the World Bank. He was the Head of the IMF's Office in Egypt and Senior Resident Representative since August 2017. He has also held positions as IMF Mission Chief for Romania and Bulgaria, Division Chief of the IMF's Debt Policy Division, Head of the IMF delegation to the Paris Club, Deputy Division Chief of the IMF's Emerging Markets Division, IMF Resident Representative to the Philippines, and numerous other positions.[3][non-primary source needed]

In 2019, President Arif Alvi appointed Baqir governor of the State Bank of Pakistan for a period of three years.[3] The appointment took place a day after his predecessor Tariq Bajwa was unexpectedly removed from his post.[4]

Controversies

On his appointment, a lot of people objected his appointment on account of his previous association with IMF. just close to his appointment, Pakistan had entered into a USD 6 billion IMF program and had opted for correction measures as suggested by IMF. It was said by the opposing groups that the appointment of Reza Baqir is also on account of pressure from IMF. [5]

Other activities

References

  1. ^ Dawn.com, Sanaullah Khan (4 May 2019). "IMF economist Dr Reza Baqir appointed SBP governor for 3 years". DAWN.COM.
  2. ^ Syed Raza Hassan (May 4, 2019), Pakistan appoints IMF official as new c.bank governor amid bailout talks Reuters.
  3. ^ a b "Reza Baqir Appointed as Governor SBP" (PDF). May 5, 2019. Retrieved May 8, 2019.
  4. ^ Syed Raza Hassan (May 4, 2019), Pakistan appoints IMF official as new c.bank governor amid bailout talks Reuters.
  5. ^ https://www.reuters.com/article/pakistan-economy-cenbank/update-1-pakistan-appoints-imf-official-as-new-cbank-governor-amid-bailout-talks-idUSL5N22G0UG
  6. ^ Members International Monetary Fund (IMF).