Why SBP Refused To Cut Rates Despite Easing Inflation | Kamran Khan | On My Radar
Автор: Nukta Pakistan
Загружено: 2026-01-26
Просмотров: 15245
The State Bank of Pakistan’s decision to keep the policy rate at 10.5 percent has sent shock-waves through business, industry, and export circles.
With inflation easing, external accounts relatively stable, and market yields falling, many expected a decisive rate cut. It never came.
So what is holding Pakistan back?
On this episode of On My Radar, Munir Kamal, CEO of the Pakistan Banks’ Association and former Chairman of NBP and PSX, joins for a blunt, data-driven conversation. We break down why SBP chose restraint over growth, how high interest rates are choking investment and manufacturing, and why Pakistan still looks unable to say goodbye to the IMF.
Is this prudence or paralysis? Is macro stability being achieved at the cost of economic revival?
Watch the full episode to understand the real price Pakistan is paying for playing safe
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