The State Bank of Pakistan (SBP) will announce Monetary Policy Statement for next two months on Saturday. Independent monetary policy committee is will meet on July 22, 2017 for deliberate on the key economic issues and finalize the monetary policy for next two months. Committee will take decision on the key policy rate after reviewing all economic internal external prospects particularly inflation, government borrowing and external accounts.
After the meeting governor State Bank of Pakistan Tariq Bajwa, who is also chairman of committee, will unveil Monetary Policy Decision at a press conference on Saturday, July 22, 2017 at SBP head office. In the last policy announced in May 2017, the SBP Keep the policy rate unchanged at 5.75 percent.