Bangladesh Bank building at Motijheel Mehedi Hasan/ Dhaka TribuneBangladesh Bank Governor Fazle Kabir will also brief journalists about the key focus areas of the Monetary Policy StatementBangladesh Bank Governor Fazle Kabir will unveil the Monetary Policy Statement (MPS) for the second half (H2) of the current fiscal year (FY2018-19) at 11:30am on January 30, at the central bank headquarters in Dhaka. The governor will also brief journalists about the key focus areas of the MPS, according to a press release. On July 31, 2018, the central bank announced its MPS for the first half (H1) of FY2018-19, maintaining its growth oriented stance which was also projected in the previous fiscal year. The MPS set growth ceilings of the private sector credit growth at 16.8%, domestic credit growth at 15.9%, and broad money at 12%, respectively, while the public sector credit growth is set at 10.4%—adequate to support growth while maintaining price stability. In the MPS, the central bank has decided to maintain the policy rates at their current levels with repo and reverse repo rates at 6% and 4.75%, respectively, to balance inflation and output risks, improve liquidity conditions and moderate inflation of food prices .

Source: Dhaka Tribune January 24, 2019 16:18 UTC