Inflation worry forces BB to squeeze credits The central bank unveiled Monday a new monetary policy that limits credit flow to check inflation and improve country’s financial stability while promoting job-centric economic growth. Bangladesh Bank (BB) Governor Fazle Kabir announced the monetary policy statement (MPS) for the January-June period of
Read MoreBB may raise private sector credit growth Bangladesh Bank is set to raise the private sector credit growth target to about 17 percent for the second half of the fiscal year as it looks to help the government achieve 7.4 percent GDP growth. The target for the first half of
Read MoreNew monetary policy to be contractionary, ‘growth-friendly’ Bangladesh Bank is preparing a contractionary monetary policy statement (MPS) for the second half of the current fiscal year to control the supply of credits and inflation in a bid to maintain economic stability, according to officials. The new monetary policy is expected
Read MoreBB to announce H2 monetary policy on Jan 29 Bangladesh Bank is likely to announce on January 29 the monetary policy for the second half (January-June) of the current fiscal year 2017-2018 keeping ‘unchanged’ the private sector credit growth target set out for the period in the MPS for the
Read MoreContractionary monetary policy on the cards Bangladesh Bank is preparing a contractionary monetary policy statement (MPS) for the second half of the current fiscal year to control the supply of credits and inflation in a bid to maintain economic stability, according to officials. To ensure price stability and gain public
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