DHAKA, July 29, 2018 (BSS) – Bangladesh Bank (BB) will announce its
Monetary Policy Statement (MPS) for the first half of the financial year
2018-19 (FY19) on Tuesday.
BB governor Fazle Kabir will unveil the MPS in the morning of July 31, a
press release said.
The MPS is being prepared for maintaining its cautionary stance while
special focus is being given on various sectors, including investment, Small
and Medium Enterprise (SME), inflation and private sector credit growth, said
a senior BB official involved in preparing the MPS.
He said the MPS is being finalised on the basis of the national budget
for fiscal 2018-19 and the fiscal policy directions.
The official said BB held meetings with stakeholders, including
economists and policymakers, to make the policy more effective for the
country’s economic development.
“Different proposals have already come from the stakeholders. We are
finalising the MPS after analysing their suggestions,” he added.
On January 29 this year, the central bank unveiled the last MPS for the
second half of the fiscal 2017-18.