Pakistan’s central bank held its key interest rate at a historically high 22% amid ongoing negotiations with the IMF, which advocates for stringent monetary policies to address inflation. The focus is on the upcoming review of the current IMF program, potentially unlocking a USD 1.1 bln tranche. Analysts anticipate a potential reduction in the interest rate in the next meeting, especially if the inflation, which has slowed to 23.06% in February, continues to decelerate.