The measures prescribed in the monetary policy statement for January-June of the current fiscal year keep unabated the major macroeconomic challenges including declining trend in GDP growth, inflationary pressure and imbalance in external sectors, said Unnayan Onneshan, a local think-tank. ‘The MPS announced by Bangladesh Bank on Thursday has further compromised the
monetary policy
MPS implementation to be major challenge: DCCI
Dhaka Chamber of Commerce and Industry on Saturday observed that implementation and monitoring of the targets set in the monetary policy for the next six months of the fiscal year would be the major challenge for the Bangladesh Bank. Reducing inflation to 7.5 per cent, ensuring credit flow to actual productive private sector, controlling consumers’ credit, increasing
‘Balanced’ monetary policy eases money supply slightly
Bangladesh Bank on Thursday announced a ‘balanced’ monetary policy for January-June, easing slightly money supply in the final year of the current government. The central bank governor, Atiur Rahman, while unveiling the six-monthly monetary policy statement said that they tried to strike a balance between GDP
No changes in monetary policy right now
Atiur says BB will follow inflation rates of both the base years until December Bangladesh Bank is not going to bring any change in its monetary policy right now though inflation rate was shown around 3 percentage points less as per the new base year over the old one. BB Governor Atiur Rahman said they ... Read more