Karachi-The State Bank of Pakistan (SBP) has announced a series of reforms aimed at improving transparency, predictability, and communication in monetary policy formulation, including the release of an advance calendar for Monetary Policy Committee (MPC) meetings for fiscal year 2026-27. According to the central bank, the initiative is part of its broader efforts to enhance monetary policy communication and provide clearer guidance to markets and stakeholders. As part of the new measures, the SBP has increased the frequency of post-MPC press conferences from two to four per year. The Governor will now address the media after MPC meetings held in July, October, January, and April, offering more regular insights into the policy stance and economic outlook. In addition, the SBP has decided to publish the presentation prepared by its staff for post-MPC analyst briefings. These documents will be uploaded to the central bank’s official website one day after each MPC meeting, allowing greater access to the data and analysis behind policy decisions. The central bank has also streamlined the publication of MPC meeting minutes, which will now be released by the end of the fourth week following each meeting, improving the timeliness of information for analysts and market participants.