State Bank of Pakistan maintains discount rate at 5.75% State Bank of Pakistan maintains discount rate at 5.75%

The State Bank of Pakistan has maintained the discount rate at 5.75% .

The State Bank of Pakistan Governor Tariq Bajwa on Saturday announced to unchanged the discount rate following a meeting of SBP’s Monetary Policy Committee members.

The new Governor SBP, while addressing media said that economy is undergoing expansion and the service sector has grown by 6%, while there has been a significant improvement on the construction front.

Bajwa also added that the rate of inflation is expected to rise to 5.5% from 4.5%.

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