SBP will announce new monetary policy today

Transcript

00:00 State Bank will announce new monetary policy for the next month and a half.

00:04 According to experts, there is no possibility of a change in the policy rate from the central bank.

00:09 Currently, the interest rate for banks is at 22%.

00:12 All economic indices are indicating a decrease in the interest rate.

00:15 IMF has asked the state bank to strengthen the monetary policy further.

00:19 In December 2023, the interest rate in Pakistan was at 29.66%.

00:25 The current account in December was 49.70 crore dollars surplus.

00:30 For more information, please visit www.fema.gov.