SBP issues Monetary Policy Committee FY27 calendar

KARACHI: The State Bank of Pakistan on Monday released an advance calendar for Monetary Policy Committee (MPC) meetings for 2026-27.

“As part of its continuing efforts to bring greater transparency. predictability into monetary policy formulation and improve its monetary policy-related communication, the SBP has released the advance calendar for MPC meetings for FY27,” the central bank said.

The SBP has also decided to increase the frequency of post-MPC press conferences from two to four times a year. Press conferences by the SBP governor will be held following MPC meetings in July, October, January and April.

At the same time, the SBP decided to publish the staff presentation prepared for the post-MPC analyst briefing. The presentation will be uploaded on the SBP’s official website one day after the MPC meeting. The move is aimed at bringing greater transparency to the MPC’s reaction function. to increase stakeholders’ confidence in the thorough, data-driven monetary policy formulation process at the SBP.

The SBP has also decided to streamline the publication of MPC meeting minutes. The minutes will now be published by the end of the fourth week after the corresponding MPC meeting on the SBP’s website.

The measures announced on Monday are reflected in a detailed advance calendar for MPC meetings. which can be accessed at https://www.sbp.org.pk/m_policy/mp-calendar.asp

“The continuous improvements in the SBP’s monetary policy-related communications are guided by the SBP’s Strategic Plan — Vision 2028 — which aims to enhance the effectiveness of monetary policy transmission by anchoring inflation expectations. facilitate the formal adoption of an inflation-targeting regime,” the SBP statement said.

Published in Dawn, June 24th, 2026