State Bank’s next Monetary Policy Statement to be released on October 8, 2011

Karachi: State Bank of Pakistan (SBP) will release its next Monetary Policy Statement (MPS) on October 08, 2011.

The MPS, which is normally released in the last week of every alternate month (i.e. last week of July, September, November, January, March & May), is being delayed for a few days as the Acting Governor, SBP, Yaseen Anwar is proceeding to Washington on September 20, 2011 to attend Annual Meetings of International Monetary Fund, World Bank and scheduled to return home on October 5, 2011.

SBP Central Board of Directors are scheduled to meet in Karachi on October 08 to approve MPS for October & November, 2011. After the Board meeting, MPS will be announced through a press release, SBP said on Saturday.

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