The State Bank of Pakistan’s (SBP) Monetary Policy Committee (MPC) meeting will be held on May 5, 2025, reported 24NewsHD TV channel on Thursday.
SBP Governor Jameel Ahmad will chair the meeting.
As per the market survey report on the monetary policy, released by Topline Research, 69 per cent of people are of the opinion that the interest rate is likely to be slashed by 50 basis points, while 31 per cent say the interest rate will remain at 12 per cent.
The report further says that of 69 per cent people, 30 per cent think that the interest rate may come down by 100 basis points.
It informs that the inflation rate will remain between six and seven per cent during the financial year, 2025-26.
The report predicts that a drop in crude oil prices will have positive effects, while an increase in remittances will help lessen financial problems.
For the first time in the country’s history, a sum of over $4 billion was received in remittances in just one month, and that was in March 2025.
Quoting the International Monetary Fund (IMF), the report says that the government of Pakistan should go ahead with a stringent monetary policy, which would help bring down inflation.
Reporter: Ashraf Khan