SBP Launches First Research Agenda to Guide Policy Through 2029
KARACHI — The State Bank of Pakistan (SBP) has unveiled its first-ever Research Agenda for 2026–2029. This strategic plan aims to deliver actionable insights for achieving price stability and fostering sustainable, inclusive growth across Pakistan. Framework for Evidence-Based Policy This four-year framework is set to modernize the central bank’s policy-making process. By grounding monetary and economic decisions in organized and forward-thinking research, the SBP aligns its future priorities with national economic challenges. This initiative marks a notable shift towards evidence-based policy-making within Pakistan’s financial sector, emphasizing data-driven strategies over reactive economic approaches. Core Areas for Economic Stability The SBP’s research agenda focuses on three key areas vital for ensuring economic stability: Inflation management and price stability Financial stability in the banking sector Long-term economic development and sustainable growth These areas address critical challenges in Pakistan’s financial system, considering both current conditions and future development objectives. Strengthening Monetary Policy With Research By defining clear research priorities, the State Bank intends to respond more effectively to evolving economic landscapes. This framework enables targeted solutions, empowering the SBP to manage inflation, address banking sector vulnerabilities, and overcome growth constraints. The proactive strategy is designed to fortify Pakistan’s monetary policy framework through 2029. It demonstrates a strong commitment to data-driven economic policy-making, equipping the central bank to handle future challenges with greater agility.









