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SBP Reveals First-Ever Calendar for Monetary Policy Committee
Taking another step towards making the process of monetary policy formulation more predictable and transparent, the State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of Monetary Policy Committee (MPC) meetings on a rolling basis. In this regard, the dates for the next four meetings are envisaged as follows: May MPC meeting: Friday, 28th May 2021 July MPC meeting: Tuesday, 27th July 2021 September MPC meeting: Monday, 20th September 2021 November MPC meeting: Friday, 26th November 2021 It is pertinent to mention that a minimum of 6 MPC meetings is scheduled every year. In addition, the…