MPC Meeting Scheduled for December 12: Key Announcements Awaited
Published on: December 9, 2023.
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The State Bank of Pakistan’s Monetary Policy Committee (MPC) is scheduled to convene next week to assess the country’s economic situation and determine the key interest rate for the following two months. On Friday, the SBP announced that the meeting will take place on Tuesday, December 12, at the SBP headquarters in Karachi.
During a press conference in Karachi, Pakistan, on January 23, 2023, the State Bank of Pakistan’s emblem is displayed. Bloomberg
The SBP will disclose its monetary policy decision through a press release on the same day. In the previous meeting, the MPC maintained the policy rate at 22 percent, citing a stable inflation outlook and a gradual recovery in economic activity. Considering these factors, analysts predict that the MPC will choose to maintain the status quo in the upcoming meeting.
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