The MPC took note of successful completion of trade deals and said it augurs well for the economic outlook.
Merchandise exports will get a boost from the prospective trade deal with the US, while landmark comprehensive trade pact with the European Union coupled with trade deals with New Zealand and Oman should help diversify exports and strengthen the external sector, it said.
MPC also sounded optimistic on the domestic front both on private consumption and investment activity and noted that near-term domestic inflation and growth outlook remain positive.
While maintaining a neutral stance, the MPC said headwinds still purists from geopolitical tensions, uncertain global trade environment.
