Monetary policy unveiled to raise credit flow to pvt sector, create jobs

PBC News:  The Bangladesh Bank on Thursday unveiled an expansionary and accommodative monetary policy for the fiscal year 2021-2022, maintaining the continuity of the preceding fiscal year.

The central bank uploaded the new monetary policy statement (MPS) for FY 2021-22 on its website early Thursday afternoon to encourage investment in private sector for generating employment opportunities and address the adverse impact of coronavirus on the economy .

The MPS has projected private sector credit growth ceiling at 14.80 per cent in the current fiscal.

The monetary policy has laid maximum emphasis on implementation of the incentive packages.

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