The State Bank of Pakistan’s Governor and three Deputy Governors received a 94 percent increase in combined salaries and benefits during the 2025-26 fiscal year. This total package for the four top officials reached Rs. 182.53 million in FY26, up from Rs. 93.97 million in the previous year.
The combined remuneration for these leaders rose by Rs. 88.55 million during the period. Payments to non-executive members of the State Bank Board of Directors rose to Rs. 25.16 million in FY26 from Rs. 11.15 million in FY25.
The external member of the Monetary Policy Committee received Rs. 8.43 million in FY26. Staff salaries and benefits at the bank increased by Rs. 91.18 million, bringing the total expenditure for employees to approximately Rs. 1.16 billion in FY26.
Total remuneration across top management, non-executive directors, the external Monetary Policy Committee member, and staff grew by around Rs. 193.5 million during FY26. The State Bank reported a profit of Rs. 1,992 billion in FY26, representing a decline of Rs. 507 billion from the Rs. 2,499 billion earned in the prior year.
During FY26, the bank continued managing the exchange rate and pursued initiatives to promote a cashless economy and digital banking. The introduction of new banknotes remained pending throughout the fiscal year.
While the President of Pakistan appoints the Governor, the federal government appoints the Deputy Governors. The appointing authority determines the remuneration for non-executive Board members.
