The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, June 16, to decide on the policy rate, reported 24NewsHD TV channel.
According to SBP announcement on Thursday, the Bank said it will issue the Monetary Policy Statement through a press release on the same day.
In its last meeting held on May 5, 2025, the MPC cut the policy rate by 100 basis points (bps) to 11 percent.
This was the lowest policy rate since March 2022 (9.75%). The central bank has cut the rate by 1,100bps since June from an all-time high of 22%.
At the time, the MPC noted that inflation declined sharply during March and April, mainly due to a reduction in administered electricity prices and a continued downtrend in food inflation.
https://x.com/StateBank_Pak/status/1933114164274483658
Reporter Ashraf Khan