SBP’s newfound realism
The recent meeting of the Monetary Policy Committee (MPC) of the SBP (State Bank of Pakistan) has led to the decision to raise the policy rate by 100 basis points…
The optimism of SBP
The recent statement by the Monetary Policy Committee of the SBP (State Bank of Pakistan) has certainly provided comfort to a reader. Amidst all the bad news of fall in…
PKR slide: SBP must act proactively
In these times of unprecedented economic emergency in the country, the Pakistan Tehreek-e-Insaf (PTI) Chairman, Imran Khan, is reported to have agreed to sign the “Charter of Economy (CoE)” in…
SBP shocks but doesn’t surprise
Even those shocked by the SBP’s (State Bank of Pakistan’s) uber-hawkish posturing at the last MPC (Monetary Policy Committee), like businesses and investors, had more or less priced in a…
Should the SBP hike interest rates again?
The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022. Recent surveys show that the vast majority of market participants…
Should the SBP hike interest rates again?
The State Bank of Pakistan (SBP) is due to announce its next monetary policy statement (MPS) on July 7th, 2022. Recent surveys show that the vast majority of market participants…
Pakistan, IMF & SBP
The expected dividends of Shehbaz Sharif, Prime Minister of Pakistan’s maiden visit to the Gulf are still awaited. These are delayed because of some “procedural matters”. During his tour, he…
Wait-and-see policy of SBP
The latest Monetary Policy Statement (MPS) was issued by the SBP on the 8th of March. Since the Russian-Ukraine war situation remains fluid and it is not clear what the…
Hawkish Fed haunts SBP
Now you know why the State Bank of Pakistan (SBP) implied that the monetary policy committee (MPC) might meet before its next scheduled meeting on 19 April 2022 if necessary.…
New SBP law militates against constitution?
This article contends that the State Bank of Pakistan (Amendment) Act, 2022 (“Act”) is plainly, on the face of it (ex facie), in violation of the Constitution. Reportedly, the government’s…
