Warning and restrained monetary policy announcement



For the January-June quarter of the current calendar year, Bangladesh Bank has announced the warning and control monetary policy. Food and Excluding fuel core inflation has been rising as the monetary policy of the governor said.  Motijheel miserable Thursday at the headquarters of the Bangladesh Bank governor announced the new monetary policy. Udhbartana central bank officials were present at the time.

Political stability is the end of this year, Bangladesh Bank has predicted that growth would be 7 percent. The new monetary policy in the current fiscal year, gross domestic product (GDP) growth rate of 6 percent to 8 percent from 6 percent to 9 percent target has been set. Monetary policy was announced. Rahman, the Food and Excluding fue core inflation stood at 6 percent to 8 percent. Continued upward pressure on overall inflation, which. So be careful and restrained monetary policy. 14.7 per cent of the reduced flow of credit to the private sector to determine the monetary policy of the Bangladesh Bank.

He said that inflation pressures higher than last year due to the supply of credit to the private sector reduced the growth target of 8 percent, respectively, 15 percent and 14 percent has been set. Repo and reverse repo rates in accordance with the market down 50 basis points to 6 percent, 75 percent and 4 percent, respectively, were 75 per cent.


About Author

Comments are closed.