Advertisement
Categories: BusinessNewsPakistan

SBP Monetary Policy Committee to Meet on May 5, Rate Cut Expected

Advertisement

The State Bank of Pakistan’s Monetary Policy Committee (MPC) will convene on Monday, May 5, to decide the country’s key interest rate for the next two months.

According to a statement from the SBP, the upcoming session will review prevailing economic indicators and set the direction of monetary policy.

Brokerage firm Arif Habib Limited (AHL) has projected a 50 basis point cut, which would lower the policy rate to 11.5% from the current 12%.

In its previous meeting held on March 10, the central bank opted to keep the rate unchanged. However, with inflation easing and economic stability improving, analysts now anticipate a gradual reduction in the policy rate — potentially by up to 200 basis points by year-end.

Advertisement
Zayn

Zain is a dynamic business student with a passion for technology that goes beyond the classroom. When he's not immersed in his studies, Zain can be found playing with the latest gadgets, fueled by a genuine curiosity for emerging tech trends. His love for technology extends to his avid reading habits, where he stays updated on the latest advancements and breakthroughs in the tech world. Despite his academic focus, Zain is also an outdoor enthusiast, always ready for an adventure. With several years of experience in writing news, Zain brings a unique blend of business acumen, tech-savviness, and journalistic expertise to any discussion or project.

Recent Posts

foodpanda Announces Major On-the-Spot Rider Recruitment Drive in Karachi with Lucrative Benefits and Exclusive Prizes

foodpanda, Pakistan’s leading online delivery platform, has announced a massive Rider Recruitment Drive in Karachi…

49 minutes ago

Meezan Bank Congratulates Ministry of Finance on the successful issuance of Pakistan’s first-ever Short-Term Sovereign Hybrid Sukuk

Meezan Bank has advised the Government of Pakistan on the successful issuance of the country’s…

49 minutes ago

PMEX and IFC launch Agriculture Roadshow Series from Pakpattan to promote Deliverable Maize Futures

Pakistan Mercantile Exchange Limited (PMEX), Pakistan’s only regulated commodity futures exchange, has launched a nationwide…

1 hour ago

Atif Aslam – From Pakistan to the World: Spotify Celebrates Atif Aslam’s Enduring Global Impact – PR

Some voices stay with people long after the song ends. For more than two decades,…

5 hours ago

Pakistan’s Business Confidence Rebounds in Q2, but Budget Concerns Persist: Gallup Survey

Business confidence in Pakistan recovered during the second quarter of 2026, with companies reporting improved…

6 hours ago

Chery Master stands by its customers, offering major relief from the revised Sales Tax across its PHEV lineup for a limited time. Save up to PKR 1.5 million

Karachi, 22 July: Master Auto Engineering (MAE), a company of Master Group of Industries and…

20 hours ago