Functions of Ministry of Finance * Prepare the annual fiscal budget and issue adequate regulations for its execution. * Manage government financial assets. * Propose bills related to the management of government employees, particularly bills related to staffing, salaries, benefits and pensions. * Amortize debt and coordinate financial activities carried out within the scope of its power, for the different ministries and their related entities. * Be aware of and report on any initiative of a financial nature involving public expenditure and indebtedness before it is debated by Parliament. * Participate in the negotiation of international free trade and financial agreements. * Exercise all powers and rights as conferred on it in the Central Bank Law.

Functions of State Bank of Pak 1. Regulation of liquidity
Being the Central Bank of the country, State Bank of Pakistan has been entrusted with the responsibility to formulate and conduct monetary and credit policy in a manner consistent with the Government’s targets for growth and inflation 2. Regulation and Supervision | | One of the fundamental responsibilities of the State Bank is regulation and supervision of the financial system to ensure its soundness and stability as well as to protect the interests of depositors. | 3. Exchange rate management and Balance of payment
One of the major responsibilities of the State Bank is the maintenance of external value of the currency. In this regard, the Bank is required, among other measures taken by it, to regulate foreign exchange reserves of the country in line with the stipulations of the Foreign Exchange Act 1947. 4. Development role of State Bank
The responsibility of a Central Bank in a developing country goes well beyond the regulatory duties of managing the monetary policy in order to achieve the macro-economic