Monday | 13 January 2025 | Reg No- 06
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BB likely to unveil monetary policy by late January

Published : Sunday, 12 January, 2025 at 8:03 PM  Count : 148

The Bangladesh Bank (BB) is likely to announce the Monetary Policy Statement (MPS) for the second half of the ongoing fiscal 2024-25 (FY25) at the end of this month.

A senior official of the central bank confirmed this and said the MPS for the second half of the current fiscal is being formulated maintaining its 'contractionary' mood giving priority on inflation-combating.

The MPS will be the first monetary policy to be announced by Dr Ahsan H Mansur who became governor of Bangladesh Bank following the political changeover on August 5 last year.

For formulating the MPS, the central bank has invited all interested individuals and institutions to send their suggestions, opinions, and feedback regarding potential policy measures by January 15.
Besides, the Monetary Policy Department of Bangladesh Bank has started holding meetings with internal and external stakeholders as well as economists.

As part of it, the department will hold a discussion with the country's leading research organisations on January 14 on potential policy measures.

The organisations include the Bangladesh Institute of Development Studies, Policy Research Institute of Bangladesh and South Asian Network on Economic Modelling.

The Institute for Inclusive Finance and Development, Centre for Policy Dialogue, Research and Policy Integration for Development, reputed economists, bankers, businesspeople, and journalists will also attend the event to be held at Lakeshore Hotel in Gulshan in the city.

Related topic   Subject:  BB   monetary policy   late Jan  


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