BB to unveil MPS on Wednesday

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Business Desk :
Bangladesh Bank (BB) is set to announce its flagship monetary policy statement (MPS) for the first half of the current 2019-20 financial year (FY20) on Wednesday.
“BB Governor Fazle Kabir will unveil the MPS at 11.30am at a press conference at the central bank headquarters in Motijheel here,” said a BB press release on Sunday.
Earlier, a senior official of the central bank said the MPS would be announced on the basis of the national budget for the 2019-20 financial year and the fiscal policy directions.
Like previous fiscal, the central bank will maintain its cautionary stance in the new MPS, he added.
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