# SBP Governor and deputies' pay and benefits up 94% to Rs 182.5 million in FY26, as SBP profit falls 20%

Source: Searchable (https://searchable.pk/news/economy/sbp-governor-and-deputies-pay-and-benefits-up-94percent-to-rs-1825-million-in)
Type: News article
Author: Searchable Editorial
Published: 11 Oct 2026
Updated: 11 Oct 2026
Retrieved: 11 Oct 2026

> The central bank's financial statements show the top four's combined pay nearly doubled, and the board's rose 126%, while staff got 8.4%.

**The State Bank of Pakistan paid its Governor and three Deputy Governors Rs 182.53 million in salaries and benefits in FY26**, up **94%** from **Rs 93.97 million** in FY25, according to the central bank's annual financial statements, [ProPakistani reported](https://propakistani.pk/2026/10/11/sbp-governor-deputy-governors-salaries-and-benefits-skyrocket-by-94/) on Sunday 11 October 2026. That is an increase of **Rs 88.55 million** in a single year for four people. The figures cover the year to 30 June 2026.

## The numbers

| Group | FY25 | FY26 | Change |
| --- | --- | --- | --- |
| Governor and 3 Deputy Governors (combined) | Rs 93.97m | Rs 182.53m | +94% |
| Non-executive board members | Rs 11.15m | Rs 25.16m | +126% |
| External Monetary Policy Committee member | Rs 7.62m | Rs 8.43m | +11% |
| SBP staff salaries and benefits | about Rs 1.07bn | about Rs 1.16bn | +8.4% |

Across all four groups, pay rose by about **Rs 193.5 million** in FY26. The statements as reported do not split the top figure between the Governor and the deputies, or between basic salary, allowances and other benefits, so a per-person salary cannot be worked out from them. Averaged over four people, it comes to roughly **Rs 45.6 million a year, or about Rs 3.8 million a month each**, but the Governor's share is likely to be higher than the deputies'.

## At the same time, profit fell

The SBP's reported profit **fell by Rs 507 billion, or about 20%, to Rs 1,992 billion** in FY26, from Rs 2,499 billion the year before. Most of that profit is passed to the federal government and counts towards its non-tax revenue, so a smaller SBP profit leaves a bigger hole for the budget to fill. The report does not give the reasons for the fall; the [policy rate](/data/sbp-policy-rate), which drives much of what the bank earns, now stands at 11.5%.

## Who sets the pay

The **Governor is appointed by the President** and the **Deputy Governors by the federal government**. Pay for non-executive board members is set by the appointing authority. The SBP has not commented publicly on the reasons for the increase.

## What it means for you

If you want to see what any salary means after tax, our [income tax calculator](/tools/tax/income-tax-calculator) and [salary breakdown calculator](/tools/finance/salary-breakdown-calculator) use this year's FBR slabs. The full statements are on the [SBP's annual reports page](https://www.sbp.org.pk/reports/annual/index.htm).

## Frequently asked questions

**What is the SBP Governor's salary?**

The SBP's FY26 accounts give one combined figure for the Governor and three Deputy Governors: Rs 182.53 million in salaries and benefits, up 94% from Rs 93.97 million in FY25, ProPakistani reported. The Governor's own share is not given separately in the report.

## Sources

- SBP Governor, Deputy Governors Salaries and Benefits Skyrocket by 94% (ProPakistani): https://propakistani.pk/2026/10/11/sbp-governor-deputy-governors-salaries-and-benefits-skyrocket-by-94/
- State Bank of Pakistan publications: annual report and financial statements (State Bank of Pakistan): https://www.sbp.org.pk/reports/annual/index.htm

How to cite: "SBP Governor and deputies' pay and benefits up 94% to Rs 182.5 million in FY26, as SBP profit falls 20%", Searchable, 11 Oct 2026, https://searchable.pk/news/economy/sbp-governor-and-deputies-pay-and-benefits-up-94percent-to-rs-1825-million-in