Islamabad, July 23, 2025: The State Bank of Pakistan (SBP) has released the advance calender of Monetary Policy Committee (MPC) meetings for the current financial year, FY2025-26.

In a statement issued on Tuesday, the SBP said that under its Vision 2028 strategy it is taking steps to make the monetary policy process more open and clear. As part of this effort, the state bank will now publish a Monetary Policy Report (MPR) on biannual basis.

These reports will come out within two weeks after the MPC meetings held in July and January. The MPRs will include updated forecasts for important economic indicators and will support SBP other communication efforts on monetary policy.

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The purpose of these steps is to make monetary policy more effective by helping control inflation expectations. This move is also part of the SBP’s long-term plan to shift towards an inflation-targeting system.

FY26 MPC meetings

  • Wednesday, 30th July 2025
  • Monday, 15th September 2025
  • Monday, 27th October 2025
  • Monday, 15th December 2025
  • Monday, 26th January 2026
  • Monday, 9th March 2026
  • Monday, 27th April 2026
  • Monday, 15th June 2026

SBP said the next calendar for MPC meetings will be shared in July 2026.

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