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Bangladesh’s economy is very much in transition: BB

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Bangladesh Bank (BB) has observed that Bangladesh's economy is very much on the way of transition due to taking different measures of the government to rebound the economy from Covid-19 and Ukraine-Russia war impacts.

"We are going through very difficult times. We are taking initiatives instantly. We are implementing the initiatives. We are working by taking suggestions from all concerned," said Executive Director and Spokesperson Md Mezbaul Haque.

Mezbaul Haque said this while briefing reporters about the outcome of meeting between BB Governor Abdur Rouf Talukder and former adviser to the caretaker government Dr Wahiduddin Mahmud at the central bank headquarters in the city.

As controlling inflation is essential to solve the country's economic crisis, he said, BB has decided to discuss with renowned persons of different sectors for controlling it.

"The next monetary policy will be prepared as per their suggestions. Despite global crisis, we have kept it under control better than other countries," he added.

In future, he informed that BB will also discuss with more economists, Economic Reporters' Forum (ERF), different trade bodies and may others.

Source: Bangladesh Sangbad Sangstha