{"id":312476,"date":"2026-02-27T05:13:26","date_gmt":"2026-02-27T05:13:26","guid":{"rendered":"https:\/\/www.newsbeep.com\/il\/312476\/"},"modified":"2026-02-27T05:13:26","modified_gmt":"2026-02-27T05:13:26","slug":"macroeconomic-stability-job-creation-among-top-11-priorities-of-new-bb-governor","status":"publish","type":"post","link":"https:\/\/www.newsbeep.com\/il\/312476\/","title":{"rendered":"Macroeconomic stability, job creation among top 11 priorities of new BB governor"},"content":{"rendered":"<p>      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.    <\/p>\n<p>\n                    TBS Report\n          <\/p>\n<p>\n      26 February, 2026, 07:10 pm    <\/p>\n<p>\n      Last modified: 26 February, 2026, 08:54 pm    <\/p>\n<p>\n      Illustration: TBS<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"adf-overlay ratio ratio__16x9 lazyload\" data-aspectratio=\"451\/254\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/02\/gdp-ezgif.com-webp-to-jpg-converter.jpg\" width=\"451\" height=\"254\" alt=\"Illustration: TBS\" title=\"\"\/><\/p>\n<p>\n          Illustration: TBS        <\/p>\n<p class=\"rtejustify\">Highlights<\/p>\n<p>Focus on investment-driven growth while maintaining macroeconomic stability<br \/>\nEmphasis on inclusive growth to boost employment generation<br \/>\nPlan to revive closed factories and business establishments<br \/>\nHigh interest rates to be reviewed to encourage investment<br \/>\nStrong focus on price stability and inflation control<br \/>\nCommitment to strengthening good governance in the banking sector<br \/>\nObjective-based decision-making in regulatory matters<br \/>\nRule-based management system to be enforced in banks<br \/>\nGreater delegation of authority to speed up work<br \/>\nCloser coordination with other government agencies<br \/>\nMaintaining and enhancing BB&#8217;s institutional credibility<\/p>\n<p class=\"rtejustify\">\u00a0<\/p>\n<p class=\"rtejustify\">Newly appointed Bangladesh Bank Governor Mostaqur Rahman has set 11 priority areas, including lowering bank lending rates to create an investment-friendly environment and ensuring inclusive growth to generate employment.<\/p>\n<p>        <a style=\"font-weight: bold; color: #2b4949; border-bottom: 1px solid #ccc; font-size: 18px;\" href=\"https:\/\/news.google.com\/publications\/CAAqBwgKMIivlQsw2ZKrAw?ceid=US:en&amp;oc=3\" rel=\"nofollow noopener\" target=\"_blank\"><br \/>\n          <img decoding=\"async\" src=\"https:\/\/www.tbsnews.net\/sites\/all\/themes\/sloth\/images\/google_news.svg\" alt=\"The Business Standard Google News\" style=\"display: inline-block; margin-right: 15px; margin-bottom: 10px; height: 30px;\"\/><br \/>\n            Keep updated, follow The Business Standard&#8217;s Google news channel<br \/>\n          <\/a><\/p>\n<p class=\"rtejustify\">After joining office this morning (26 February), the governor fixed these priorities at a meeting with senior officials. Bangladesh Bank announced the agenda in a press release later in the afternoon.<\/p>\n<p>Newly appointed Bangladesh Bank Governor Md Mostaqur Rahman seen leaving the central bank headquarters on his first working day, 26 February 2026. Photo: Collected<\/p>\n<p>&#8220;&gt; <\/p>\n<p><img loading=\"lazy\" decoding=\"async\" class=\"lazyload\" data-aspectratio=\"1172\/659\" src=\"https:\/\/www.newsbeep.com\/il\/wp-content\/uploads\/2026\/02\/whatsapp_image_2026-02-26_at_6.55.12_pm.jpeg\" width=\"1172\" height=\"659\" alt=\"Newly appointed Bangladesh Bank Governor Md Mostaqur Rahman seen leaving the central bank headquarters on his first working day, 26 February 2026. Photo: Collected\" title=\"\"\/><\/p>\n<p>Newly appointed Bangladesh Bank Governor Md Mostaqur Rahman seen leaving the central bank headquarters on his first working day, 26 February 2026. Photo: Collected<\/p>\n<p class=\"rtejustify\">The statement said the central bank would attach highest importance to increasing GDP growth while maintaining macroeconomic stability. It will work to inject momentum into the economy by reopening closed factories and commercial enterprises, alongside placing emphasis on controlling inflation.\n<\/p>\n<p class=\"rtejustify\">It also said steps would be taken to ensure good governance in the banking sector, make decisions objectively, and implement rule-based management across banks.<\/p>\n<p class=\"rtejustify\">The governor has prioritised increasing delegation of authority to speed up work, coordinating with other government agencies, and upholding the image of Bangladesh Bank.<\/p>\n<p class=\"rtejustify\">Earlier, central bank spokesperson Arif Hossain Khan presented the governor&#8217;s remarks to journalists. He said emphasis would be placed on increasing employment while maintaining macroeconomic stability. Bangladesh Bank would assist initiatives to reopen factories that shut down following the political transition.<\/p>\n<p class=\"rtejustify\">Quoting the governor, the spokesperson said necessary policy support would be provided to make the economy growth- and employment-oriented. Steps would be taken to reduce interest rates.<\/p>\n<p class=\"rtejustify\">He also praised the previous governor&#8217;s efforts to maintain macroeconomic stability and said momentum would be restored to the economy on that foundation. He mentioned strengthening policy support, incentives and coordination within the banking sector to reopen industries that have closed over the past year and a half.<\/p>\n<p class=\"rtejustify\">The spokesperson added that controlling inflation and keeping commodity prices stable within the purchasing power of ordinary people would be a priority. High interest rates that are creating obstacles to investment would be reviewed and necessary measures taken.<\/p>\n<p class=\"rtejustify\">To ensure institutional good governance, the governor said the decision-making process would be rule-based and non-discriminatory. He also spoke of expanding delegation of authority to increase the responsibilities and decision-making powers of officials at different levels.<\/p>\n<p class=\"rtejustify\">Silent before media on first day<\/p>\n<p class=\"rtejustify\">At 10:40 am today, the newly appointed Governor arrived at the main building of Bangladesh Bank. Dozens of television cameras were trained on him. After stepping out, he walked up the stairs towards the building.<\/p>\n<p class=\"rtejustify\">Although several reporters surrounded him, he declined to take questions and briefly said, &#8220;I have just arrived. Let me start work, then we can talk.&#8221;<\/p>\n<p class=\"rtejustify\">He then proceeded towards the lift, accompanied by deputy governors and security officials who escorted him to his office.<\/p>\n<p class=\"rtejustify\">He held a meeting with all deputy governors and executive directors. He personally went around shaking hands and listened to the views of several officials.<\/p>\n<p class=\"rtejustify\">Officials present at the meeting told TBS that the governor reminded them that the central bank is a regulatory institution, and as a regulator, the less it speaks to the media, the better. Any statement from the central bank \u2013 positive or negative \u2013 has an impact on society, he said.<\/p>\n<p class=\"rtejustify\">According to officials, his key message was: &#8220;Less talk, more work.&#8221; He also told them, &#8220;If you face any kind of pressure from outside, inform me. We will not work based on anyone&#8217;s pressure.&#8221;<\/p>\n<p class=\"rtejustify\">He said the old traditions of the central bank would be restored and the image of the institution rebuilt.<\/p>\n<p class=\"rtejustify\">On the economy, the governor said, &#8220;If we want growth in the economy, we must bring down interest rates. We will also gradually take measures to reduce inflation.&#8221;<\/p>\n<p class=\"rtejustify\">At around 1:50pm, the governor left the main building for the Secretariat. When two journalists waiting downstairs sought comments, he got into his car without making any remarks and left the central bank. At the Secretariat, he met Finance Minister Amir Khasru Mahmud Chowdhury.<\/p>\n","protected":false},"excerpt":{"rendered":"The governor also indicated that the issue of high interest rates would be reviewed in the context of&hellip;\n","protected":false},"author":2,"featured_media":312477,"comment_status":"","ping_status":"","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[11],"tags":[114,184,85,46],"class_list":["post-312476","post","type-post","status-publish","format-standard","has-post-thumbnail","category-economy","tag-business","tag-economy","tag-il","tag-israel"],"_links":{"self":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/312476","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/users\/2"}],"replies":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/comments?post=312476"}],"version-history":[{"count":0,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/posts\/312476\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media\/312477"}],"wp:attachment":[{"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/media?parent=312476"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/categories?post=312476"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.newsbeep.com\/il\/wp-json\/wp\/v2\/tags?post=312476"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}