SBP

SBP keeps policy rate at 22 per cent

KARACHI: SBP on Monday (18th March, 2024) cautiously decided to keep policy rate at 22 per cent on pretext of elevated inflation expectations that required continuity of the current monetary stance to bring inflation down.The Monetary Policy Committee (MPC) also emphasized on timely realization of planned external inflows along with continued targeted fiscal consolidation for […]

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IMF

IMF releases $700M Tranche

KARACHI: SBP has taken to the X (Twitter) Wednesday (17th Jan, 2024) to confirm that it had received $705.6 Million from IMF following successful completion of the first review by the Executive Board of IMF under Stand By Arrangement. SBP has further stated that the disbursement would be reflected in Reserves for the week ending […]

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