BB working to maintain stability in financial sector on controlling inflation: Governor
Bangladesh Bank (BB) Governor Md. Mostakur Rahman today said the Central Bank (BB) is working to maintain stability in the financial sector with highest priority on controlling inflation. He said credit flow to production-oriented and employment-generating sectors would continue to ensure sustainable and inclusive economic growth. He made the remarks as the chief guest at a view exchange meeting with stakeholders at a city’s hotel in a view to formulate for the first half monetary policy of the 2026-27 Fiscal Year.
The meeting was held with a view to collecting opinions and recommendations from stakeholders considering the country’s overall economic situation, global economic uncertainties and the current realities of the domestic market. “The opinions of stakeholders are very important in the policy-making process. The constructive recommendations received at today’s meeting will be reviewed properly and reflected in the monetary policy for the first half of FY2026-27,” the BB Governor added.
The governor also stressed transparency, accountability and expansion of technology-based services in the banking sector. Emphasis was laid on ensuring easy-term financing for small, medium and export-oriented industries at the consultation meeting,organised by Bangladesh Bank, Khulna, on formulation of the monetary policy for the first half of fiscal year 2026-27.
Participants discussed issues relating to inflationary pressure, stability of the foreign exchange market, interest rate management, private sector credit flow, production and investment situation and employment generation in the present economic context.
They observed that a balanced and timely monetary policy is crucial at this moment so that inflation can be controlled while maintaining positive momentum in production, investment and export activities.
Special emphasis was given on ensuring easy financing conditions for small, medium and export-oriented industrial sectors.
Calls were also made for necessary policy support to further strengthen the agriculture, fisheries and rural economy sectors.
Deputy Governor Dr. Md. Habibur Rahman, Executive Director Mahmud Salahuddin Naser of Monetary Policy Department at Bangladesh Bank headquarters, Executive Director Md. Rukunuzzaman of Bangladesh Bank Khulna, officials of Bangladesh Bank, university teachers, regional heads and senior officials of different scheduled banks, businessmen, industrial entrepreneurs, exporters, importers, agricultural entrepreneurs, SME representatives, leaders of Khulna Women Chamber and Khulna Chamber, representatives of civil society and media personnel were present at the meeting.
Focusing on the Khulna region, participants highlighted the prospects and challenges of Mongla port-based commercial activities, shrimp and fisheries exports, jute and jute goods, agro-based industries and other production-oriented sectors.
They said stability in foreign currency supply, simplification of LC opening procedures and improvement in efficiency and transparency in banking services are essential to remain competitive in the international market.
Importance was also attached to strengthening good governance in the banking sector, reducing default loans and ensuring overall stability of the financial sector.
Participants expressed satisfaction over the opportunity to hold open discussions and welcomed such initiatives by Bangladesh Bank.
At the end of the meeting, hope was expressed that the monetary policy formulated on the basis of coordinated cooperation and constructive opinions of all stakeholders would play an important role in maintaining macroeconomic stability, controlling inflation, increasing investment and employment and achieving sustainable development goals.
