Pakistan's central bank maintains policy rate at 22% amid high inflation and IMF conditions.

Pakistan's central bank keeps policy rate unchanged at 22% to tackle high inflation and meet IMF conditions. The State Bank of Pakistan (SBP) cited inflation risks and the need for a cautious approach to maintain the current monetary stance, aiming to reduce inflation to 5-7% by September 2025. This decision comes ahead of the April expiry of a $3 billion standby arrangement with the International Monetary Fund (IMF).