Monday, 25 May, 2020, 5:08 AM
Home Business

BB unveils monetary policy for FY20

Published : Wednesday, 31 July, 2019 at 3:18 PM  Count : 404
Business Correspondent

BB unveils monetary policy for FY20

BB unveils monetary policy for FY20

Bangladesh Bank (BB) on Wednesday unveiled its monetary policy statement (MPS) for the financial year 2019-20 (FY20) aiming to fix the growth of both public and private sectors' credit.

The central bank’s Governor Fazle Kabir formally unveiled the policy system at the central bank headquarters where private sector’s credit has been estimated at 14.80 per cent till June 2020.

Public sector for the whole financial year was estimated at 24.30 per cent up to 2020 where inflation for the tenure was estimated at 5.50 per cent.

This year’s monetary policy was unveiled for the entire fiscal instead of half yearly. But the BB targeted private sector credit growth till December at 13.20 per cent and public sector at 25.20 per cent.


Related Topics

BB   unveiled   monetary policy for FY20  

« PreviousNext »

Latest News
Most Read News
Editor : Iqbal Sobhan Chowdhury
Published by the Editor on behalf of the Observer Ltd. from Globe Printers, 24/A, New Eskaton Road, Ramna, Dhaka.
Editorial, News and Commercial Offices : Aziz Bhaban (2nd floor), 93, Motijheel C/A, Dhaka-1000. Phone :9586651-58. Online: 9513959, 01552319639, Advertisement: 9513663
E-mail: [email protected], [email protected], [email protected], [email protected],   [ABOUT US]     [CONTACT US]   [AD RATE]   Developed & Maintenance by i2soft