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BSS
17 July, 2016, 21:54
Update: 17 July, 2016, 21:54
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Bangladesh Bank to unveil monetary policy next week

BSS
17 July, 2016, 21:54
Update: 17 July, 2016, 21:54

Dhaka: Bangladesh Bank is going to unveil the monetary policy statement (MPS) for the first half of the current 2016-17 financial year (FY17) next week.

‘We are finalising the MPS, which will be unveiled later this month,’ BB Chief Economist Biru Paksha Paul said on Sunday.

He said like previous ones, the next MPS would be finalised in line with the national budget while it would have major focus on areas including credit, GDP (gross domestic product), inflation and exchange rate.

The central bank on 14 January this year unveiled the MPS for the second half of the past 2015-16 (FY16) financial year focusing on higher growth with lower inflation.

In the last MPS, BB projected GDP growth rate at 6.8 to 6.9 percent and inflation at 6.2 percent for FY16, ending in 30 June.

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