SBP Holds Interest Rates Steady at 22% as Inflation Remains High Ahead of IMF Program Review
- SBP keeps policy rate unchanged at 22% ahead of IMF review
- Inflation hit 31.4% in September, projected to decline going forward
- IMF delegation visiting Thursday to review $3 billion bailout program
- Fiscal consolidation on track, current account deficit narrowing
- MPC says tight policy stance needed to bring inflation down to 5-7% target by end of FY25