The Bangladesh Bank (BB) will announce its monetary policy statement (MPS) tomorrow for the second half of the financial year 2023-24. BB Governor Abdur Rouf Talukder will announce the MPS through a press conference to be held at the central bank headquarters in Dhaka, said a press release. The governor will also
Tag: MPS
BB declares contractionary MPS to reduce inflation
Unveiling a 'contractionary' monetary policy statement (MPS), Bangladesh Bank (BB) has projected domestic credit growth ceiling at 15.3 percent in the fiscal 2023-24 (FY24) accommodating 11 percent credit growth in private sector and 30 percent in public sector. "The global economy has undergone significant challenges over the past three and a
BB unveils cautious monetary policy
Bangladesh Bank (BB) Sunday announced ‘cautiously accommodative’ Monetary Policy Statement (MPS) for the second half of the current fiscal year 2022-23 (H2FY23).“BB’s monetary and credit programs for H2FY23 will pursue a cautiously accommodative policy stance to contain inflationary and exchange rate pressures, support desired economic growth, ensuring the necessary flow