S&P expects SBP to stay cautious despite improving economy

PSX Update • Jul 28, 2026

S&P Global Market Intelligence believes Pakistan's monetary policy is likely to remain cautious despite an improving macroeconomic backdrop, as inflationary pressures and external risks continue to shape the country's economic outlook.

July 28, 2026 (MLN): S&P Global Market Intelligence believes Pakistan's monetary policy is likely to remain cautious despite an improving macroeconomic backdrop, as inflationary pressures and external risks continue to shape the country's economic outlook. The State Bank of Pakistan's Monetary Policy Committee has kept the policy rate unchanged at 11.5% in its July 2026 meeting. Commenting on this latest monetar...