Develop a Liberalization Roadmap
Reform ID		F536
Description		Before: Pakistan lacked a structured, time-bound roadmap for FX liberalization. The current Foreign Exchange Regulation Act (FERA) 1947 and its accumulated regulations were designed for crisis-era capital controls, not for facilitating trade and investment. Without a published liberalization plan, businesses and investors had no visibility into the direction of FX policy, discouraging long-term investment and perpetuating uncertainty about the accessibility of foreign exchange.
Department		State Bank of Pakistan - SBP
Jurisdiction / Location		Federal - Entire Pakistan
Sector		All Sectors
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Date Enacted
Implementation Status		In Progress
Progress		0%
CCORR Direction
Cost Savings PKR (Mil.)
Evidence