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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SBP Holds Policy Rate at 12% to Counter Inflationary Risks
Karachi, March 10, 2025 – The State Bank of Pakistan (SBP) announced on Monday that it will maintain the benchmark policy rate at 12%, citing the need to manage inflationary pressures amid evolving economic conditions.
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SBP May Cut Policy Rate Amid Decade-Low Inflation
Karachi, March 9, 2025 – The State Bank of Pakistan (SBP) is set to unveil its latest monetary policy statement on Monday, March 10, 2025. The central bank’s Monetary Policy Committee (MPC) will deliberate on potential adjustments to the benchmark policy rate amid an economic landscape marked by decade-low inflation.
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MPC Meets on March 10 to Decide Interest Rate: SBP
Karachi, March 6, 2025 – The State Bank of Pakistan (SBP) announced on Thursday that the Monetary Policy Committee (MPC) will convene on Monday, March 10, 2025, to deliberate on the policy interest rate.
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ICMAP Pushes SBP for Faster Interest Rate Reduction Plan
Karachi, January 29, 2025 – The Institute of Cost and Management Accountants of Pakistan (ICMAP) has called upon the State Bank of Pakistan (SBP) to take a bolder and more proactive approach in reducing the policy rate, emphasizing the need for decisive action to stimulate economic growth and investment.
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