Bangladesh Bank (BB) aims to maintain contractionary or tight monetary policy to control inflation until inflation comes below 7%.
In its new Monetary Policy Statement (MPS) for the first half (July-December) of FY26, they kept the policy rate unchanged at 10% while further reducing the credit growth target to 7.2%.
On October 27 last year, the repo rate was fixed at 10%.
In the last monetary policy declaration in February, private sector credit growth was set at 9.8%.
Public sector credit growth, on the other hand, has jumped from 17.50% in the last declaration to 20.40% in the new one.
Chief Adviser Professor Muhammad Yunus and visiting Bangladeshi political leaders pose for photographs with some of the top US business leaders at the US-Bangladesh Executive Business Roundtable, titled “Advancing Reform, Resilience and Growth”. The US-Bangladesh Business Council (USBBC) organised the event at a hotel in New York on Wednesday.
