Experts think that Pakistan’s Monetary Policy Committee (MPC) may lower the interest rate by 0.5% to 1%. This is because inflation is going down and the economy is improving.
Right now, the interest rate is 11%, which is much lower than the 22% it was last year.
In June 2025, inflation dropped to 3.2%. For the full year 2024–25, the average inflation was 4.49%. These numbers support a possible cut in interest rates.
But the International Monetary Fund (IMF) has advised Pakistan to keep interest rates high to stay safe. So, any cut might be small.
This decision is important as the State Bank of Pakistan (SBP) tries to control inflation and also help the economy grow, while following IMF advice.
SBP Makes Bank Account Opening Easier
In other news, the SBP has made it easier for people and businesses to open bank accounts.
They introduced a new system that allows accounts to be opened in just two working days. Customers can also check the status of their applications.
Banks are now required to give all merchants at least one digital payment method—like Raast QR codes, POS machines, or online checkout tools.
The SBP also wants to make it simple for people to open accounts online using mobile apps and websites.
To help small businesses, the SBP has told banks to group merchants as micro, small, or registered, and provide the right support to each group.
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