BB to unveil MPS on Wednesday

DHAKA, Bangladesh Bank (BB) is set to announce its flagship monetary policy statement (MPS) for the first half of the current 201920 financial year (FY20) on Wednesday.

BB Governor Fazle Kabir will unveil the MPS at 11.30am at a press conference at the central bank headquarters in Motijheel here, said a BB press release here today.

Earlier, a senior official of the central bank said the MPS would be announced on the basis of the national budget for the 201920 financial year and the fiscal policy directions.

Like previous fiscal, the central bank will maintain its cautionary stance in the new MPS, he added.

Source: Bangladesh Sangbad Sangstha (BSS)