Bangladesh Bank to unveil MPS on Wednesday


30th July, 2019 05:07:52 printer

Bangladesh Bank to unveil MPS on Wednesday

Bangladesh Bank (BB) is set to announce its flagship monetary policy statement (MPS) Wednesday  for the first half of the current 2019-20 financial year (FY20).

“BB Governor Fazle Kabir will unveil the MPS tomorrow at 11.30am at a press conference at the central bank headquarters in Motijheel here,” said a BB press release here today.

Earlier, a senior official of the central bank said the MPS would be announced on the basis of the national budget for the 2019-20 financial year and the fiscal policy directions.

Like previous fiscal, the central bank will maintain its cautionary stance in the new MPS, he added.