Highlights
- Macroeconomic stability identified as a core priority
- Focus on investment-driven growth to boost employment generation
- Emphasis on inclusive growth to ensure wider job creation
- Plan to revive closed factories and business establishments
- High interest rates to be reviewed to encourage investment
- Strong focus on price stability and inflation control
- Objective-based decision-making in regulatory matters
Bangladesh Bank’s newly appointed Governor Md Mostaqur Rahman has identified 11 key priorities for the central bank, placing macroeconomic stability and employment generation at the forefront as he assumed office today (26 February).
Soon after joining, the governor met with deputy governors and executive directors, where he shared his broad policy direction for the institution and the banking sector.
Mostaqur Rahman said, “The interim government had steered the country’s economy from a fragile position to a level of equilibrium. The responsibility now is to maintain macroeconomic stability while moving towards investment-driven growth that can generate employment.”
He stressed that growth must be sustained without undermining stability, and that it should be inclusive in nature so that it translates into meaningful job creation.
Reviving closed factories and business establishments, he said, would be important to inject fresh momentum into the economy.
The governor also indicated that the issue of high interest rates would be reviewed in the context of boosting investment. At the same time, he underscored the need to ensure price stability and keep inflation under control.
Highlighting institutional reforms, Mostaqur Rahman called for strengthening good governance and ensuring that decisions in various cases are made on an objective basis.
He further said, “A rule-based management system will be enforced within banks to enhance discipline and transparency.”
To improve efficiency, he emphasised the importance of greater “delegation of authority” to accelerate decision-making. He also urged closer coordination with other government agencies to ensure coherent policy implementation.
Above all, the governor said, safeguarding and enhancing the image of Bangladesh Bank must remain a priority.
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