Bangladeshi central bank unveils new monetary policy to tackle inflation, foster economic growth-Xinhua

Bangladeshi central bank unveils new monetary policy to tackle inflation, foster economic growth

Source: Xinhua| 2025-07-31 22:36:30|Editor: huaxia

DHAKA, July 31 (Xinhua) -- The central bank of Bangladesh on Thursday rolled out its monetary policy for the first half of the 2025-26 fiscal year (July 2025-June 2026) and set policies aimed at bolstering the government's efforts to tackle inflation and foster economic growth.

Bangladesh Bank (BB) Governor Ahsan H. Mansur unveiled the monetary policy at a press conference in Dhaka, saying the prime objective of this Monetary Policy Statement (MPS) is to anchor inflation expectations, stabilizing the exchange rate while rebuilding financial stability amid alarming non-performing loans in the banks and non-bank financial institutions.

BB said it has aligned its policies with the government's budgetary targets of achieving 5.5 percent GDP growth and containing inflation within the 6.5 percent ceiling for this fiscal year.

It said global economic growth is expected to weaken due to increased trade tensions and heightened policy uncertainty. The recent rise in tariffs by the U.S. administration and the associated uncertainties pose risks to exports, disruptions to global supply chains, and intensify financial market turbulence, it added.

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