Bangladesh Bank to announce monetary policy Thursday

Last updated: January 28, 2015

Dhaka, Bangladesh (BBN)- The central bank of Bangladesh will unveil its second half-yearly monetary policy on Thursday aiming to achieve maximum economic growth through curbing inflation, officials said.

Bangladesh Bank (BB) Governor Atiur Rahman will announce the monetary policy statement (MPS) at 2:00 pm on the day with a view to helping real sectors for achieving sustainable economic growth.

Talking to BBN, a BB senior official said the central bank may continue the existing 'investment-friendly' and 'cautious' monetary policy for the next six months of the ongoing fiscal year (FY) 2014-15.

He also said the new MPS is formulated giving top priority to inflation curbing and facilitating the productive sectors for achieving optimum economic growth by the end of the fiscal year (FY) ’15. “We’re working to bring down the inflation to 6.5 per cent by the end of this fiscal from the existing level of 6.99 per cent.”

BBN/SSR/AD-28Jan15-9:36 pm (BST)

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