KARACHI: The State Bank of Pakistan (SBP) will announce Fresh Monetary Policy on May 05 (Monday), after the meeting of the Monetary Policy Committee (MPC) of the central bank.
The MPC of the SBP will meet on May 05, 2025 to decide about the Monetary Policy, the SBP informed in a statement issued here.
The MPC will review overall financial and fiscal situation, major economic indicators, data of different sectors and major developments taken place since announcement of the previous monetary policy while its decisions would be conveyed by the central bank through the Monetary Policy Statement on the same day.
The MPC, in its previous meeting on March 10, 2025, adopted a cautious approach and kept the policy rate unchanged at 12 percent taking inflation expectations and position of external account into consideration.
The committee had noted the improvement in economic indicators including current account balance, inflation, external inflows, monetary management and foreign reserves but it was cautious about inching up of inflation in subsequent months as well as uncertainties in global economic policy environment.
Considering the developments and evolving risks, the MPC had also stressed the need for continuing fiscal consolidation to ensure price stability, which is essential for sustainable economic growth.
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