Bangladesh Bank is scheduled to announce its monetary policy statement for the October–December quarter on Wednesday (September 30) at 3:00 PM at its head office in Dhaka.
Deputy Governor Dr Md Habibur Rahman will attend the press briefing as the chief guest, joined by fellow deputy governors, the chief of the Bangladesh Financial Intelligence Unit (BFIU), executive directors from the Research Department, and bank spokespersons.
The incoming policy is expected to prioritize curbing elevated inflation while revitalizing sluggish private sector investment and credit flow.
According to the latest central bank metrics, private sector credit growth stood at 4.62 per cent at the end of July, slightly up from a record low of 4.47 per cent in June, but well below the target of 6.80 per cent set for December.
Stakeholders attribute the muted credit demand across industrial, construction, and transport sectors to business uncertainty, energy shortages, and high interest rates, despite sufficient liquidity within the banking system.
Although Bangladesh Bank reduced the key policy rate from 10 per cent to 9.50 per cent on August 2 to lower borrowing costs, credit expansion has remained below 5 per cent.
On the price front, point-to-point general inflation eased slightly to 8.26 per cent in August from 8.32 per cent in July—marking a 10-month low—though overall living costs remain under pressure.
The central bank continues its practice of issuing quarterly monetary policy statements to dynamically adjust money supply, liquidity management, and borrowing costs in response to macroeconomic shifts.