Karachi: The State Bank of Pakistan will announce its second monetary policy this year on Monday (today).
The Central Bank had earlier said in a statement that the SBP’s Financial Policy Committee (MPC) will hold a meeting on Monday (today) to decide on monetary policy.
After the announcement of the previous monetary policy, the MPC will review the overall financial and financial situation, major economic indicators, data from various sectors and major progress, while its decisions will be made through the Monetary Policy statement by the Central Bank.
Experts said that SBP could reduce interest rates by up to one or two percent.
The current interest rate of the bank has been 12 % while inflation has reached the minimum level.
In its previous meeting on January 27, 2025, the MPC decided to adopt a cautious approach that it was decided to reduce the policy rate by 100 points to 12 percent due to inflation and economic indicators and continuing the trend of current improvement in the current account.
The committee noted the economic indicator improvement, which included the current account balance, inflation, external arrival, monetary management and foreign reserves, but in the subsequent months, inflation was cautious about the uncertainty in the global economic policy environment.
Considering the progress and the dangers that are prepared, the MPC emphasized the need for a careful monetary policy position to ensure stability in prices, which is essential for sustainable economic growth.
