On Monday, May 5, the Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is expected to convene.
According to a statement from SBP, the committee will use this session to determine the nation’s monetary policy for the upcoming two months.
According to a report by brokerage firm Arif Habib Limited (AHL), the State Bank of Pakistan is anticipated to reduce its key policy rate by 50 basis points to 11.5%.
The central bank maintained the policy rate at 12% during its most recent meeting on March 10.
The central bank might lower interest rates by as much as 200 basis points by the end of 2025, according to economic analysts, which would increase the likelihood of a rate decrease at Monday’s monetary policy meeting.