Islamabad: The State Bank of Pakistan (SBP) has released the schedule of Monetary Policy Committee (MPC) meetings for the fiscal year 2025-26 as part of its efforts to enhance transparency in monetary policymaking. In line with its strategic framework “Vision 2028,” the central bank will now publish the Monetary Policy Report (MPR) twice a year to improve policy communication and manage inflation expectations more effectively.
The MPRs will be issued within two weeks of the MPC meetings held in July and January each year. These reports will include updated forecasts of key economic indicators and will serve as part of SBP’s broader efforts to improve public understanding of monetary policy and support a more effective transmission mechanism. The move is also a step toward transitioning Pakistan to an inflation-targeting regime.
In addition, to boost stakeholder confidence and support better financial planning, the SBP has extended the pre-announced schedule of MPC meetings to cover the entire fiscal year. The upcoming MPC meeting dates for FY 2025-26 are as follows:
* Wednesday, July 30, 2025
* Monday, September 15, 2025
* Monday, October 27, 2025
* Monday, December 15, 2025
* Monday, January 26, 2026
* Monday, March 9, 2026
* Monday, April 27, 2026
* Monday, June 15, 2026
The meeting schedule for FY 2026-27 will be released in July 2026. The SBP noted that in case of unforeseen circumstances requiring changes to the schedule, timely notifications will be issued.
