The State Bank of Pakistan has released its advance schedule of Monetary Policy Committee (MPC) meetings for FY2026–27, along with a set of new measures designed to improve transparency, communication, and public access to policy decisions.
| MPC Meeting Date | Monetary Policy Statement & Information Compendium | Analyst Briefing Slide Deck | Post-MPC Press Conference | MPC Minutes – Week Ending2 | Monetary Policy Report |
| 27-July-26 | 27-July-26 | 28-July-26 | 27-July-26 | 21-Aug-26 | 10-Aug-26 |
| 14-Sep-26 | 14-Sep-26 | 15-Sep-26 | 09-Oct-26 | ||
| 26-Oct-26 | 26-Oct-26 | 27-Oct-26 | 26-Oct-26 | 20-Nov-26 | |
| 14-Dec-26 | 14-Dec-26 | 15-Dec-26 | 08-Jan-27 | ||
| 25-Jan-27 | 25-Jan-27 | 26-Jan-27 | 25-Jan-27 | 19-Feb-27 | 08-Feb-27 |
| 08-Mar-27 | 08-Mar-27 | 09-Mar-27 | 02-Apr-27 | ||
| 26-Apr-27 | 26-Apr-27 | 27-Apr-27 | 26-Apr-27 | 21-May-27 | |
| 17-Jun-27 | 17-Jun-27 | 18-Jun-27 | 12-Jul-27 |
According to the announced calendar, the central bank will hold regular MPC meetings throughout the fiscal year, starting from 27 July 2026 and continuing at scheduled intervals up to June 2027. Each meeting will be followed by key disclosures, including monetary policy statements, analyst briefings, and press interactions.
As part of the updated communication framework, the SBP has expanded its post-MPC press conferences from two to four per year. The Governor will now address the media after the July, October, January, and April policy meetings, aiming to provide clearer policy guidance and market communication.
In another major step, the SBP will publish the staff presentation used in post-MPC analyst briefings on its official website one day after each meeting. This is intended to give stakeholders deeper insight into the basis of policy decisions.
The central bank has also revised the timeline for publishing MPC minutes. Instead of the previous schedule, minutes will now be released by the end of the fourth week following each meeting, making the disclosure process more streamlined and predictable.
Additionally, the SBP will continue issuing its Monetary Policy Report as per the updated timeline, supporting broader economic analysis and forward-looking assessment of inflation and growth trends.
Overall, the measures are part of the central bank’s broader effort to strengthen monetary policy transmission, enhance transparency, and gradually align with a more structured inflation-targeting framework.
