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KARACHI | July 30, 2025— The State Bank of Pakistan (SBP) has decided to maintain the key interest rate at 11% for the next two months, Governor Jamil Ahmed announced during a press conference unveiling the latest monetary policy.
Governor Ahmed stated that the decision was made after reviewing all major economic indicators, which show signs of improvement. “Although inflation saw a slight uptick in April and further in May and June, currently standing at 7.2%, the overall trend remains under control,” he said.
The SBP chief highlighted positive developments in the external sector, including a 4% increase in exports compared to last year and a significant rise in remittances interest rate, which surged to $38 billion from $30 billion previously.
Despite these gains, the Governor acknowledged the International Monetary Fund’s (IMF) projection that Pakistan’s GDP growth will remain below target. He emphasized that the SBP is maintaining a special focus on strengthening external accounts and stabilizing the economy.
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