IMF Begins Fourth Review Of Pakistan’s $7 Billion EFF Programme
The IMF has started discussions with the State Bank of Pakistan on Pakistan’s fourth $7 billion EFF review, covering inflation, monetary policy, exchange rates, fiscal reforms and economic targets.
SBP Holds Policy Rate at 11.5% as Inflation and Global Risks Shape Monetary Policy
The State Bank of Pakistan keeps its policy rate unchanged at 11.5%, citing rising inflation, Middle East tensions, oil prices, supply disruptions and contained external account pressures.
PSX Outlook: IMF Review, Monetary Policy and Oil Prices to Drive Market Sentiment
Pakistan’s stock market remains sensitive to geopolitical developments, with the IMF review, monetary policy decision, oil prices and improving economic indicators expected to shape investor sentiment.
SBP Expected to Keep Policy Rate Unchanged at 11.5 Percent on September 14
State Bank of Pakistan is expected to maintain its policy rate at 11.5 percent on September 14, with most AHL survey respondents anticipating no change.
SBP Injects Rs2.85 Trillion Into Market Through Conventional and Shariah OMO
State Bank of Pakistan injects Rs2.85 trillion into the banking system through reverse repo and Shariah-compliant Modarabah-based open market operations.
Pakistan Economy Faces Growth Risks Despite Expected Economic Uptick
SBP projects stronger economic activity in Pakistan, but structural reform delays, taxation, interest rates, exports and external risks could limit growth.
SBP Raises Rs517.90 Billion Through MTB Auction
State Bank of Pakistan raises Rs517.90 billion through Market Treasury Bills auction, with 3-month tenor receiving the largest acceptance and yields rising across all four tenors.
Bank Deposit Rate Falls 9bps To 3.96% In July
Pakistan’s banking sector deposit rate fell 9bps to 3.96% in July 2026, while the lending rate declined to 11.94%, according to official data.
SBP Says 11.5% Interest Rate Supports Inflation Control And Economic Growth
SBP Governor Jameel Ahmad says the current 11.5% policy rate is appropriate to keep inflation within the 5-7% target while supporting investment and economic activity.
Govt Appoints Muhammad Ali Malik as Deputy Governor of State Bank of Pakistan
The Federal Government has appointed central banking veteran Muhammad Ali Malik as Deputy Governor of the State Bank of Pakistan for a five-year term, effective immediately.

