State Bank of Pakistan to Announce New Monetary Policy on July 29

Islamabad: The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) is scheduled to meet on Monday, July 29, 2024, to deliberate on the nation’s monetary policy. The decision, critical for economic steering, will be announced by SBP Governor Mr. Jameel Ahmad during a press conference following the meeting.

According to State Bank of Pakistan, this upcoming meeting is pivotal as it will set forth monetary directives aligned with current economic conditions. The announcement is highly anticipated by financial markets and policy analysts, given its implications for inflation, interest rates, and overall economic stability. Governor Ahmad’s presentation will be crucial in outlining the central bank’s strategy to navigate the economic challenges facing the country.

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