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.