SBP Governor, Deputy Governors Salaries and Benefits Skyrocket by 94%

Meanwhile, the State Bank of Pakistan's (SBP) Governor and three Deputy Governors received 94 percent more in combined salaries and benefits in fiscal year 2025-26, taking their total package to Rs.

Key points

• While Deputy Governors are appointed by the federal administration, the Governor is appointed by the President of Pakistan.
• Throughout top management, non-executive directors, the external Monetary Policy Committee member and staff, the combined rise in remuneration was around Rs.
• SBP's disclosure notes key management personnel include the Governor, Deputy Governors, Board members and other executives responsible for planning and managing the central bank's activities.
• Payments to non-executive members of the SBP Board of Directors additionally rose sharply.
• The external member of the Monetary Policy Committee received Rs.

In practice, the four authorities received Rs. 93.97 million in FY25. Their combined remuneration therefore rose by Rs. 88.55 million in FY26. SBP Reserves Gain $15 Million.

Payments to non-executive members of the SBP Board of Directors additionally rose sharply. Their combined remuneration reached Rs. 25.16 million, up from Rs. 11.15 million a year earlier, an growth of 126 percent.

In practice, the external member of the Monetary Policy Committee received Rs. 8.43 million in FY26, compared with Rs. 7.62 million in FY25.

Meanwhile, total salaries and benefits for SBP staff rose by Rs. 91.18 million, or 8.4 percent, to approximately Rs. 1.16 billion.

Throughout top management, non-executive directors, the external Monetary Policy Committee member and staff, the combined rise in remuneration was around Rs. 193.5 million during FY26.

In practice, the rise in remuneration came as the central bank's documented profit declined by Rs. 507 billion, or around 20 percent, to Rs. 1, 992 billion in FY26 from Rs. 2, 499 billion in the previous financial year.

Notably, the SBP continued managing the exchange rate and pursuing initiatives to promote digital banking and a cashless economy during the year. Nevertheless, the introduction of new banknotes remained pending.

While Deputy Governors are appointed by the federal administration, the Governor is appointed by the President of Pakistan. Remuneration for non-executive Board members is determined by the appointing authority. Stay Connected with ProPakistani.

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