Bangladesh Bank is set to reveal the new monetary policy today, February 10, 2025. This policy will cover the second half of the current fiscal year (2024-25), which runs from January to June.
The announcement will take place at around 3 PM, according to a press release issued by the central bank.
Dr. Ahsan H. Mansur, the Governor of Bangladesh Bank, will make the official announcement at a press conference at the central bank’s headquarters.
This is the first time a monetary policy has been introduced since the government’s fall in August last year.
The last monetary policy was announced on July 18, 2024, for the first half of the fiscal year.
The main goals of this new monetary policy include stopping the fall of the country’s foreign currency reserves, increasing those reserves, stabilizing the exchange rate, keeping inflation under control, and addressing some of the significant issues facing the economy.
In the press conference, the Governor will brief journalists about the results of the current policy, focusing on inflation management, the increase in loans to the private sector, and the overall goal of strengthening the economy.
The press event will also be attended by Deputy Governors, the head of the Bangladesh Financial Intelligence Unit (BFIU), the Executive Director of the Research Department, and the central bank’s spokesperson, along with other important officials.