ZCZC
BSS-28
BB-MPS-MEETING
BB to hold meeting with economists on Wednesday for preparing MPS
DHAKA, July 9, 2018 (BSS) – Bangladesh Bank (BB) will hold a consultation
with economists and business leaders on Wednesday for taking suggestions on
upcoming Monetary Policy Statement (MPS) for the first half of the 2018-19
financial year.
“We are going to announce MPS at the end of this month. To make the MPS
more realistic, we will hold a consultation with economists and business
community in the city’s Lakeshore Hotel on July 11 next,” a senior BB
official told BSS.
He said the meeting will discuss the achievement of the monetary policy
for the second half of the 2017-18 financial year and the future domestic and
external challenges in preparing the MPS for the FY19.
He said the senior officials of the central bank, chaired by its Governor
Fazle Kabir, today held a meeting at the bank’s headquarters to discuss and
take opinion about the MPS.
BB announced its Monetary Policy Statement (MPS) for the second half (H2)
of the FY18 on January 29 this year, projecting the private sector credit
growth rate at 16.8 percent.
“In one word, the new monetary policy is employment forecast growth with
stability,” BB governor Fazle Kabir said while announcing the monetary policy
for January to June 2018.
BSS/KUC/MRI/1818 hrs