DHAKA, June 30 (Xinhua) -- To rein in inflation and boost economic expansion, the central bank of Bangladesh on Tuesday rolled out its monetary policy for the first half of the next 2026-27 fiscal year (July 2026-June 2027), aligning with the government's broader stabilization objectives.
Bangladesh Bank (BB) Governor Md Mostaqur Rahman unveiled the monetary policy at a press conference, saying the prime objective of this Monetary Policy Statement (MPS) is to guide inflation toward its desired target path while ensuring that productive sectors of the economy receive adequate credit support.
By maintaining price stability, he said, BB aims to support sustainable economic growth, encourage investment, maintain real exchange rate stability, and facilitate international trade.
Rahman said the central bank will closely monitor evolving trends across domestic inflation, economic growth dynamics, credit availability, external sector balances, and global financial markets.
BB said it has aligned its targets with the government's 2026-27 budget, which aims for 6.5 percent GDP growth and a 7.5 percent inflation ceiling.
The central bank said the latest MPS kept its benchmark policy rate unchanged at 10 percent, opting to maintain its tight monetary stance to tame stubborn inflation, which accelerated to 9.42 percent in May from 9.04 percent in April, the highest level since January 2025. ■
