Bangladesh Bank (BB) is set to unveil a new monetary policy on February 10, 2025, aimed at guiding the economy for the remainder of the fiscal year 2024-25.

The announcement follows a central bank board meeting scheduled for February 9. A senior official from the monetary policy department indicated that the upcoming Monetary Policy Statement (MPS) will prioritize combating inflation while maintaining a ‘contradictory’ approach to economic challenges.

In preparation, BB is engaging with internal and external stakeholders, including economists, to shape an effective policy framework. The current economic context includes high inflation rates, which have prompted ongoing discussions about necessary reforms and strategies to enhance revenue collection and economic stability.

The formulation of this monetary policy reflects BB’s commitment to addressing inflationary pressures while supporting sustainable economic growth through targeted interventions and stakeholder collaboration.