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Monetary Policy Committee (MPC)

Monetary Policy Statement

Islamabad, January 29, 2024 : At its meeting today, the Monetary Policy Committee (MPC) decided to maintain the policy rate at 22 percent. While arriving at the decision, the Committee observed that the frequent and sizeable adjustments in administered energy prices have slowed down the pace of decline in inflation anticipated earlier,besides impeding a sustaineddecrease…

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SadaPay with Mastercard

Mastercard expands partnership with SadaPay to address financial needs of Pakistan’s SMEs and freelancers

Islamabad, January 29, 2024: Mastercard and SadaPay have expanded their strategic business partnership to launch SME debit and credit cards in Pakistan. The multi-year collaboration will see the two companies boost financial inclusion among the country’s small businesses and freelancers. Pakistan is home to over 5.2 million MSMEs and a booming digital payments landscape. The…

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National Bank of Pakistan and National Aerospace Science and Technology Park

National Bank of Pakistan will collaborate with NASTP for strategic initiatives

Islamabad, January 29, 2024 : National Bank of Pakistan and National Aerospace Science and Technology Park (NASTP)  have entered into an agreement, marking a substantial and noteworthy stride in their collaborative endeavors. The event took place at the state-of-the-art NASTP Karachi establishment, where Amin Manji, the CTO and Group Chief of the Information Technology Group…

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