Karachi: The State Bank of Pakistan (SBP) formally launched its official Facebook page on Friday on the occasion of Pakistan Day. A statement issued on the occasion said, “The dry run of the Facebook page was being conducted for quite some time. The launch is expected to attract students, academia, business circles, journalists and financial analysts alike who will now be able to access official announcements, event details, policy statements and data and have a better understanding of the Bank and its functions in general.” In his message, SBP governor Tariq Bajwa hoped that gradual expansion being made in communication tools would help SBP keep itself abreast with modern means of communication to interact with its stakeholders. “SBP communications not only bridge the information gap of its stakeholders but also promotes credibility and understanding of its policies and remove uncertainties to the best possible manner,” he added. The statement continued, “Followers can find the first exclusive interview of the SBP governor on Facebook and Twitter pages of the Bank on March 23, 2018, wherein he shares interesting details of his personal and professional life along with the Bank’s plans.” SBP chief spokesman Abid Qamar said that SBP will always keep pace with the demands of modern means of communication and launch of Facebook page is one small step in this direction. “SBP will continue to communicate authentic information about macroeconomic fundamentals, stability of financial institutions and conduct of policy initiatives through Facebook account besides spreading awareness on matters of public interest to its audience globally,” he added. Published in Daily Times, March 24th 2018.