The latest inflation rate is the highest at least since 1984

The policy would aim to bring down inflation

Suggest steps taken in the monetary policy

Even though the challenges are pointed out in the MPS, they fall short of measures to yield visible results

The Bangladesh Bank (BB) has revealed its Monetary Policy Statement (MPS) for the period of July-December 2022 at a time when the country, and the world, is going through tough economic challenges.

A key objective of issuing a monetary policy statement on the eve of the new fiscal year is to provide forward guidance to the public about the likely future course of monetary policy. When credible, individuals and businesses use this information in making decisions about spending and investments.

The Bangladesh Bank will declare tomorrow its monetary policy statement (MPS) for fiscal 2022-23.