To fight the economic fallout of Covid-19 pandemic, the Bangladesh Bank on Thursday unveiled an expansionary monetary policy for the fiscal year 2021-22.
In the Monetary Policy Statement (MPS) for the 2021-22 fiscal year, the central bank kept its projection of attaining a 14.8 per cent growth in private sector credit like the previous year.
The central bank unveiled the Monetary Policy Statement for FY22 in its website on the day.
Each year the BB announces its monetary policy statement through a press conference. But for two consecutive years, the central bank issued the statement to avoid mass gatherings.
More to follow...