Going forward, Pakistan’s Economic Outlook report projects inflation to stay between 1.5-2.0% in May, going up to 3-4% in June.
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IMF Team to Start Visit from Tomorrow on Budget Preparations
by Umar Sohailby Umar SohailIslamabad, April 03: IMF team will visit Pakistan from tomorrow, April 4, to prepare the budget for the next fiscal year. An IMF delegation will visit Pakistan from tomorrow to …
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Business
SBP to Announce Monetary Policy Today, Likely Drop in Mark Up Rate
by Umar Sohailby Umar SohailKarachi, March 10: The Money Policy Committee (MPC) of the State Bank of Pakistan (SBP) would meet in no time for its moment session of the year with most investigators …
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Latest Updates
IMF and Pakistan Reach Staff-Level Agreement on Final Review of $3 Billion Stand-By Arrangement
ISLAMABAD: Pakistan and the International Monetary Fund (IMF) have finalized a staff-level agreement on the second and final review within the Stand-By Arrangement, clearing the path for the disbursement of …
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The highly anticipated announcement of the monetary policy by the State Bank of Pakistan (SBP) is eagerly awaited and is scheduled to take place on Monday, March 18, 2024. According …
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Economy
Historic Milestone: Nikkei Hits All-Time High, Exceeding 1989 Bubble-Era Peak
by Hamza Irshadby Hamza IrshadHistoric Milestone Japan’s Nikkei 225 index reached a historic milestone on Thursday by surpassing the all-time high set just before the catastrophic burst of the country’s asset bubble in the …
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Economy
SBP raises policy rate to 17% record high mark depicting gloomy picture of economy: No good news in 2023 as inflation to stay high
by Hamza Irshadby Hamza IrshadKARACHI: The State Bank of Pakistan on Monday increased the discount rate by 100 basis points, to 17 percent which is the record high since 1997. Governor SBP Jameel Ahmed …
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State Bank of Pakistan is reviewing its Monetary Policy on July 27 in Karachi. Governor State Bank Raza Baqir will address a press conference on July 27, 2021, to share …