BB announces monetary policy today

Posted by BankInfo on Thu, Jan 31 2013 06:21 am

Bangladesh Bank will announce the monetary policy for January-June today, aiming mainly to contain inflation and achieve inclusive growth.

BB Governor Atiur Rahman is going to announce the policy after discussion with professionals groups, including economists and former finance advisers and central bank governors, the central bank said in a statement yesterday. The monetary policy for the first half of the current fiscal year was announced in July.

In its quarterly economic update, the central bank forecast the GDP growth for the current fiscal year to be ranging from 6.1 percent to 6.4 percent.

The government set a real GDP growth target of 7.2 percent for fiscal 2013. But in view of the ongoing global economic slowdown, there are significant risks to Bangladesh's export and remittance growth, and to economic growth.

News:The Daily Star Bangladesh/31-Jan-2013
Posted in Banking, News

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