Business Desk :
Bangladesh Bank (BB) is likely to announce its 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, reports BSS.
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 from today.
As part of it, the department will hold a discussion with the country’s leading research organisations on January 14 on potential policy measures.