BB to unveil MPS on Wednesday

Published: July 28, 2019 20:08:23 | Updated: August 01, 2019 10:20:46

The Bangladesh Bank will unveil its monetary policy statement (MPS) for the first half of the current fiscal year (2019-20) on Wednesday.

“BB Governor Fazle Kabir will unveil the MPS at 11.30am (on Wednesday) at a press conference at the central bank headquarters in Motijheel in Dhaka,” said a BB press release on Sunday, reports BSS.

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.

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