The International Monetary Fund (IMF) had acknowledged the progress in ongoing reforms initiated by Bangladesh Bank (BB).
“The IMF delegation expressed concern over the country’s revenue collection performance but acknowledged progress in ongoing reforms initiated by the Bangladesh Bank Policy rate to be lowered if inflation falls below 8 percent,” said BB Spokesperson Arif Hossain Khan.
Arif Hossain Khan said this after a meeting between BB Governor Ahsan H Mansur and IMF visiting delegation led by led by Mission Chief Chris Papageorgiou at BB headquarters in the city.
During the meeting, Arif Hossain Khan said the Bangladesh Bank has informed the IMF that the central bank will consider lowering the policy rate once inflation drops below 8 percent.বিস্তারিত