Bangladesh Bank (BB) will announce the monetary policy today (Wednesday) for setting its half-yearly strategy for controlling the cost and supply of money and credit.

Governor of Bangladesh Bank, Dr Atiur Rahman will announce the monetary policy for the first half of the current 2011-12 fiscal year at his office at 2:30 pm, presumably keeping inflation and credit flow on the forecourt of the prime agenda of the central bank, said a BB press release.

Speculations are there that the policy would tighten further the credit flow to non-productive sector while it would ease further the lending to imports of essential commodities to help contain food price inflation.

News: Daily Sun/ Bangladesh/ 27-Jul-2011