Bangladesh announces new monetary policy Thursday

Last updated: January 25, 2012

Dhaka, Bangladesh (BBN) - The central bank is set to unveil its half-yearly monetary policy to curb inflation and helping the productive sectors aiming to achieve maximum economic growth, officials said.

Bangladesh Bank (BB) Governor Atiur Rahman will announce the half-yearly (January-June) monetary policy Thursday afternoon to help real sectors for achieving economic growth.

"The new monetary policy was designed giving top priority to curb inflation and helping the productive sectors for achieving an inclusive economic growth,” a senior official of the Bangladesh Bank (BB) told BBN in Dhaka on Wednesday, adding that the central bank wants to keep price stable and create employment opportunities through boosting investment in the real sectors like agriculture and small and medium enterprises (SME).

The first-ever monetary policy statement was formally published in January 2006 and the central bank of Bangladesh declared that it would publish it on a half-yearly basis along with a half-yearly policy review.

BBN/SSR/AD-25Jan12-1:30 pm (BST) 

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