” SBP to announce monetary policy on March 18 ” | NewsPKOnline
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KARACHI: The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) convenes on March 18 to decide the fate of the base interest rate.
This highly anticipated meeting, the first of after the election of the new government, will set the tone for the country’s economic trajectory in the coming months.
KIBOR witnesses notable drop amidst lower inflation
The Monetary Policy Committee, chaired by the Governor of the State Bank, will convene at 11:30 am to announce the interest rate for the next two months.
Presently, the base interest rate stands at 22%.
The governor will announce the committee decision in a press conference.
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