Bangladesh Bank calls on government to borrow less
The Bangladesh Bank on January 26 laid out its monetary policy stance for the first half of 2012. Promising to take "recent economic developments" into account, the central bank said it would "pursue a restrained monetary growth path in order to curb inflationary and external sector pressures, while ensuring adequate private sector credit to stimulate inclusive growth".
The main aim of the plan was to "bring inflation to single digits and stem foreign reserve depletion", said the central bank
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