State Bank of Pakistan to Announce New Monetary Policy, Interest Rate Change Possible

State Bank of Pakistan to announce new monetary policy; interest rate change possible, experts divided.

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اسٹیٹ بینک کی نئی مانیٹری پالیسی کا اعلان متوقع، شرح سود میں ممکنہ تبدیلی

Karachi: (RightNow) The State Bank of Pakistan plans to announce a new monetary policy today. The aim is to review economic indicators and decide whether to change or maintain the interest rate.

According to the State Bank of Pakistan, the Monetary Policy Committee will meet on Monday at the head office in Karachi. Following the meeting, the second monetary policy of the current fiscal year will be announced.

Experts are divided in their opinions; 50% believe the interest rate may remain unchanged, while the other 50% predict a 0.5% increase. The current interest rate stands at 11.5%.

The announcement of this monetary policy could impact the national economy, particularly affecting the business community and investors. This decision could be a significant step towards economic stability.

It is noteworthy that the State Bank made several interest rate changes in the last fiscal year, aiming to stabilize the economy.

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