Bangladesh Bank (BB) yesterday said the major economic indicators of the country have started improving while the government’s borrowing from the banking sector also marked a fall in recent times.

Top officials of the central bank came up with the observations during a meeting with the chief executives of the scheduled banks at the BB conference room.

Bangladesh Bank Governor Atiur Rahman presided over the meeting.
Emerging from the meeting, BB Deputy Governor SK Sur Chowdhury said the government's borrowing from the banking channel exceeded Tk 210 billion a few days ago, which now stands at Tk 160 billion.

Food inflation has also come down while an increased remittance inflow has been pushing the economic indicators upward, Shur Chowdhury said.

He also said the meeting discussed the ways to effectively implement the new monetary policy.
The meeting gave some directives to the banks to work on implementing the monetary policy as well as aiming to lowering down the inflation rate to a single digit, the BB deputy governor added.

The Daily Sun/Bangladesh/ 10th Feb 2012