KARACHI: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is set to convene on Tuesday, at the SBP headquarters in Karachi to decide about the country’s Monetary Policy.
Following the meeting, the SBP will release the Monetary Policy Statement through a press release on the same day.
In the last MPC meeting held on October 30, 2023, the committee opted to maintain the interest rate at the existing level of 22%. The upcoming session will provide an opportunity for policymakers to assess economic conditions, inflationary pressures, and other relevant factors before deciding on any potential adjustments to the interest rate.
