Karachi – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has highlighted the urgent need for a more balanced monetary approach in light of the devastating floods that recently hit the country.
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SBP maintains policy rate at 11% amid floods shock
Karachi, September 15, 2025 – The State Bank of Pakistan (SBP) on Monday kept its policy rate unchanged at 11 percent, citing ongoing economic challenges and heightened uncertainty following the devastating floods that have disrupted the country’s agriculture and supply chains.
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SBP expected to keep benchmark policy rate unchanged at 11%
Karachi, September 15, 2025 – The State Bank of Pakistan (SBP) is widely expected to maintain its benchmark policy rate at 11 percent in the upcoming Monetary Policy Committee (MPC) meeting scheduled for Monday (today).
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SBP maintains 11% policy rate amid inflation concerns
Karachi, July 30, 2025 – The State Bank of Pakistan (SBP) has decided to keep the benchmark policy rate unchanged at 11%, citing mounting inflation risks and a shifting macroeconomic landscape.
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Business community urges SBP for major policy rate cut
Karachi, July 25, 2025 – The business community has strongly urged the State Bank of Pakistan (SBP) to introduce a significant reduction in the policy rate during the upcoming Monetary Policy Committee (MPC) meeting scheduled for July 30, 2025.
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Business community disappointed as SBP maintains policy rate
Karachi, June 16, 2025 – Leading representatives of Pakistan’s business community have expressed strong disappointment over the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 11% in its latest monetary policy announcement.
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SBP maintains policy rate at 11% amid geopolitical conflict
Karachi, June 16, 2025 – The State Bank of Pakistan (SBP) has decided to maintain the policy rate unchanged at 11%, reflecting a cautious but steady approach toward monetary management amid rising geopolitical tensions. In its meeting on Monday, the SBP’s Monetary Policy Committee (MPC) concluded that the current policy rate remains appropriate to support macroeconomic stability and anchor inflation within the 5–7% target range.
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Businesses remain sluggish despite sharp rate cuts: ICMAP report
Karachi, May 7, 2025 — A new report by the Institute of Cost and Management Accountants of Pakistan (ICMAP) reveals that business activity in Pakistan remains subdued, despite significant reductions in the State Bank of Pakistan’s (SBP) benchmark interest rate.
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SBP expected to trim policy rate on May 5, 2025
KARACHI, April 29, 2025 – The State Bank of Pakistan (SBP) is widely expected to lower its benchmark policy rate by 50 basis points, bringing it down to 11.5% during its next monetary policy announcement scheduled for May 5.
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No Justification for SBP’s Unchanged Policy Rate: ICMAP
Karachi, March 11, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has expressed strong reservations regarding the State Bank of Pakistan’s (SBP) decision to maintain the policy rate at 12%.
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