Inflation to remain stable: BB governor

Posted by BankInfo on Sat, Jun 07 2014 11:21 am

The Bangladesh Bank governor Dr Atiur Rahman on Friday hoped that the country’s inflation rate is like to remain stable as the central bank has an effective monetary policy in place. The current inflation rate is lower than 7 per cent and the central bank dose not foresee any recent rise in inflation, the governor also said while addressing a post budget press conference at Osmani Milonayoton Auditorium in Dhaka. When asked about the government’s plan to borrow Tk 31,121 crore from banks to meet the budget deficit the governor said inflation will not increase because the central bank has enough preparation to face any uncertain situation. The central bank has taken some effective measures to keep the inflation stable. Specially SME, agriculture, and sharecropper’s loan progr-ammes to reduce poverty is helping to keep inflation within the desired limit. He added.

News:The Independent/7-June-2014
Posted in Banking, News

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