Business

SBP to Announce First Monetary Policy Decision of FY26 on July 30

The State Bank of Pakistan (SBP) Tuesday issued the schedule of Monetary Policy Committee (MPC) meetings for the current fiscal year (FY26).

In statement, SBP said in line with its Strategic Plan – Vision 2028 and to enhance transparency in the monetary policy formulation process, it will be publishing a Monetary Policy Report (MPR) on biannual basis.

The MPRs are timed to be released within two weeks of the July and January MPC meetings, where SBP will update its projections for key macroeconomic indicators.

Ad Powered By Advergic
Loading ad . . .
Ad - Continue scrolling to read

The reports will supplement SBP’s other monetary policy-related communications with key stakeholders. These efforts are all geared towards enhancing the effectiveness of monetary policy transmission by anchoring inflation expectations, and are part of SBP’s roadmap towards adopting an inflation targeting regime.

FY26 MPC meetings

  • Wednesday, 30th July 2025
  • Monday, 15th September 2025
  • Monday, 27th October 2025
  • Monday, 15th December 2025
  • Monday, 26th January 2026
  • Monday, 9th March 2026
  • Monday, 27th April 2026
  • Monday, 15th June 2026

The next advance calendar for MPC meetings will be issued in July 2026.

Share
Published by
Business Desk