KARACHI – The Monetary Policy Committee (MPC) of the State Bank of Pakistan (SBP) will meet on Monday, March 18 to decide about the Monetary Policy.
As per the statement issued by the SBP on Friday, the central bank will announce the Monetary Policy through a press release on the same day.
As per the experts, the MPC will either keep the policy rate unchanged at 22 per cent or slash it by 01 per cent. They say that headline inflation in February has decreased as compared to the last month. Keeping in view the different factors, they say, it is highly likely that the MPC will reduce the interest rate by 100 bps (1pc).
