ZCZC
BSS-30
BB-MPS
BB to announce new MPS tomorrow
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) tomorrow at the central bank headquarters in the city.
BB governor Fazle Kabir will unveil the MPS in the morning on Tuesday, a
press release said here today.
Earlier, a senior BB official, involved in preparing the MPS, said the MPS
is preparing 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.
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.
BSS/KUC/SSS/1809 hrs