Bangladesh Bank (BB) will hold a consultation meeting with economists and business leaders on Wednesday before announcing half-yearly Monetary Policy Statement (MPS) by the end of this month.
“We are going to announce the MPS at the end of this month. To make the MPS more realistic, we will hold the meeting with economists and business community at a city hotel on July 11 next,” said a senior BB official.He said the meeting will discuss the achievement of the monetary policy for the second half of last fiscal year ( 2017-18) and the future domestic and external challenges in preparing the MPS for the FY19.
Meanwhile, senior officials of the central bank held a meeting on Monday at the bank’s headquarters to discuss and take opinion about the upcoming MPS. Bangladesh Bank Governor Fazle Kabir presided over the meeting.
BB announced its Monetary Policy Statement (MPS) for the second half (H2) of the FY18 on January 29 this year, projecting the private sector credit growth rate at 16.8 percent.