CB is advising the govt. to increase fuel prices and electricity tariffs to reflect costs

These measures will ensure that the country adopts a coordinated approach to overcome the challenging economic conditions facing the country and to move away from covid-linked policy shelters with foresight.

The Central Bank said it was closely monitoring emerging macroeconomic and financial markets, both globally and domestically, and was ready to take appropriate action to achieve stability on the inflation, external sector and inflation fronts.

The financial sector, thereby supporting real economic activity on a sustainable basis.