The State Bank of Pakistan (SBP) announced the monetary policy for the next two months and decided to maintain the interest rate of 14 per cent, report said. The Central Banks monetary policy director, Hamza Malik while talking to the media said that the economic situation of the country has improved considerably. But he also warned that if reforms are not applied in the country the inflation may increase again. Malik also said that the countrys financial institutions are improving which has led to stabilization of interest rates.