BB to publish monetary policy statement online

Fist Time

In a shift from tradition, Bangladesh Bank has decided to publish its monetary policy statement (MPS) online to avoid potential boycotts by economic reporters.
Traditionally, the central bank has held press conferences where mainstream media reporters and senior journalists gather to discuss the MPS. During these events, the Bangladesh Bank governor and the chief economist explain various policy issues and respond to challenging questions about monetary policy and the banking sector performance.
However, breaking with this tradition, Bangladesh Bank has now decided to release the MPS for the July-December period of FY 2024-25 through an online update.