SBP introduces calendar of monetary policy meetings Business May 21, 2021 KARACHI: In another major step to keep abreast with the international practices, the central bank on Thursday introduced advance calendar of monetary policy committee meetings. “The State Bank of Pakistan (SBP) has decided to begin announcing a half-yearly schedule of monetary policy committee (MPC) meetings on a rolling basis,” it said in a statement. The SBP said this is another step towards making the process of monetary policy formulation more predictable and transparent. The central bank usually announces monetary policy after a month gap. For more than a year now, the policy has been announced abruptly with people speculating on the policy decision time.