Inayat Hussain
Inayat Hussain is the Deputy Governor of the State Bank of Pakistan, where he plays a crucial role in overseeing the country's monetary policy and financial regulations. He was recently in the news due to a Senate Standing Committee meeting where he discussed the government's decision to revise the reward structure for banks and exchange companies facilitating overseas remittances, highlighting concerns about the impact of reduced incentives on the flow of remittances through official channels.
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Pakistan:
SBP Deputy Governor Inayat Hussain told the committee that the reward structure has now been revised to a flat rate of 20 riyals across all transaction sizes.
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