BB to announce new Monetary Policy Statement on Sunday

Bangladesh Bank (BB) will announce its Monetary Policy Statement (MPS) on Sunday for the second half of the financial year 2022-23. 

BB Governor Abdur Rouf Talukder will formally announce the MPS at a press conference at the central bank headquarters in the capital, said a press release issued on Saturday

The governor will also provide reporters a briefing on the results of the current MPS in controlling inflation, promoting the inflow of credit into the private sector, and fostering economic growth.

The BB has earlier released a "conservative" MPS for the fiscal year 2022–2023 on June, 2022. 

In the MPS, the central bank forecast that domestic credit growth would peak at 18.2 percent in fiscal FY23, with loan growth in the private sector expected to be 14.1 percent and in the public sector to be 36.3 percent.