SBP’s MPC to meet on May 5

MG News | April 30, 2025 at 10:40 AM GMT+05:00

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April 30, 2025 (MLN): The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to meet on Monday, May 5, 2025, to review the current economic conditions and announce its decision on the benchmark policy rate.

Following the meeting, the central bank will issue the Monetary Policy Statement (MPS) through a press release later the same day.

In its last meeting, the MPC kept the policy rate unchanged at 12%, effective March 11, 2025, in contrast with market expectations.

The Committee noted that inflation in February 2025 turned out lower than expected, mainly due to a drop in food and energy prices.

Notwithstanding this decline, the Committee assessed the risks posed by the inherent volatility in these prices to the current declining trend in inflation.

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