New monetary policy to be investment friendly: BB

UNB, Dhaka :
Bangladesh Bank is going to unveil its second half monetary policy of the current fiscal year (2013-2014) on Monday next which, it claims, to be helpful for boosting investment.
The new monetary policy will be investment-friendly one, said an official at the central bank on Thursday.
He said BB governor Dr Atiur Rahman will unveil the monetary policy at the Bangladesh Bank’s Jahangir Alam conference hall 3pm on the day.
On July 25 last, the central bank announced its first half monetary policy assuring that the government bank borrowing will not disrupt credit supply to the private sector in boosting investment.
However, the investment, both domestic and foreign ones, did not get momentum following political instability over the January 5 national election.