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Experts for sound monetary policy

Md Mahfuzur Rahman || risingbd.com

Published: 15:39, 29 July 2015   Update: 15:18, 26 July 2020
Experts for sound monetary policy

Dr Zahid Hussain, Dr Mirza Azizul Islam and Ibrahm Khaled (From left)

Niaz Mahmud: Country`s separate noted analysts and economists emphasized on a solid round of applause for successfully implementing a sound monetary policy for the next fiscal year.

The Bangladesh Bank sources confirmed that the central bank is set to announce the next fiscal year`s (2015-16 FY) monetary policy on Thursday morning (tomorrow).

The analysts said the upcoming monetary policy would be made in keeping coherence with the policy that was announced in January.

"No much change needed in the upcoming policy," experts also opined.

The World Bank lead Economist Dr Zahid Hussain told risingbd.com in this regard, "No need to change in the upcoming monetary police that was announced previously."

"Directions and rules will also be kept in the monetary policy that how they can stop banks` irregularities," says Dr Zahid Hussain.

"Authorities should be kept concern in the upcoming monetary policy that how the investors would be increased in country`s business sector," opined another noted economist, Mirza Azizul Islam, former finance adviser to a caretaker government.

The experts also suggested the BB set the inflation target below 6 percent, which they said would impact positively in the lending rates and spread.

Analysts also reiterated that the boosting investment and growth through the upcoming monetary policy would be the biggest challenge for the central bank.

risingbd/ DHAKA/ July 29, 2015/ Niaz/ Mahfuz

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