Published:  12:30 AM, 18 July 2017

BB to announce new MPS on July 26

Bangladesh Bank (BB) will announce its Monetary Policy Statement (MPS) for the first half of the financial year 2017-18 (FY18) on July 26.

BB Governor Fazle Kabir will unveil the MPS for the first half of FY18 in the morning of July 26, BB's chief spokesperson Subhankar Saha told yesterday, reports BSS.

The MPS is being prepared maintaining its cautionary stance and special focus will be on various sectors, including investment, Small and Medium Enterprise (SME), inflation and private sector credit growth, said a senior BB official involved in preparing the MPS. We will not make any major change to the policy for the first half of FY18, he added.

Talking about the preparation of the MPS, BB Deputy Governor Abu Hena Mohd Razee Hassan said the MPS would be finalized on the basis of the national budget for the financial year 2017-18 and the fiscal policy directions.

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