Pakistan Monetary Policy Outlook: SBP May Keep Rates Tight Amid 10.3% Inflation
Pakistan’s central bank is expected to maintain a tight monetary stance as September inflation reaches 10.3%, while higher oil prices and T-bill yields add pressure.
Pakistan Banks Shift Funding Strategy Amid Changing Interest Rate Outlook
Pakistan banks are adjusting balance sheets as bond yields rise, inflation pressures increase and interest rate conditions become more uncertain.
Pakistan Economic Activity Set to Strengthen in FY27 as Agriculture and Manufacturing Recover
Finance Division expects Pakistan’s economic activity to strengthen in FY27 as agriculture, manufacturing, private-sector credit and external indicators improve, while inflation remains a key risk.
SBP Keeps Policy Rate at 11.5% as M2 Contracts 5.3% in Early FY2027
SBP maintained the policy rate at 11.5% on September 14 as broad money contracted 5.3% in early FY2027 amid seasonal credit repayments and oil price risks.
Rising Inflation Puts State Bank Under Pressure Ahead of September Policy Rate Decision
Pakistan’s rising inflation and higher global fuel prices are putting pressure on the State Bank as markets await its September policy rate decision.
MCB Bank Expects Policy Rate Stability Through 2026, Plans 40 New Branches
MCB Bank plans to open 40 new branches in 2026 and expects State Bank of Pakistan’s policy rate to remain at 11.5% through the rest of the year, while deposits and digital banking activity continue to grow.
Pakistan Economic Outlook July 2026 Inflation Risks Mount Amid FDI Decline and Middle East Tensions
The Finance Division projects July 2026 inflation between 9 to 10 percent as foreign direct investment drops 33.9 percent alongside export contraction and geopolitical stress.
SBP Holds Policy Rate at 11.5 Percent as Global Energy Risks Weigh on Economic Outlook
The State Bank of Pakistan maintains its benchmark policy rate at 11.5 percent as market surveys signal cautious sentiment amid rising external oil risks.
HBL Manufacturing PMI Falls to 49.9 as Middle East Conflict Triggers Stagflationary Pressures in Pakistan
Pakistan’s manufacturing sector enters contraction for the first time since 2025 as the HBL PMI hits 49.9, driven by surging fuel costs and the US-Iran war.
Pakistan Inflation Hits Double Digits as Energy Crisis and Transport Costs Surge in April 2026
Consumer inflation in Pakistan surged to 11 percent in April 2026, driven by global energy supply shocks and rising transport costs, prompting a central bank rate hike.

