New BB Governor Sets Vision for Investment-Led Growth

New Bangladesh Bank Governor Md. Mostaqur Rahman has outlined a strategic plan to shift the economy from what he described as a “low-level equilibrium” to sustained, investment-driven growth.

On his first day in office, the Governor met deputy governors and executive directors at Bangladesh Bank to present his priorities and policy direction.

He stressed the need to preserve macroeconomic stability while steering the country toward inclusive growth that generates employment and boosts private investment, a central bank spokesperson said after the meeting.

According to the Governor, the interim government has helped move the economy from a fragile condition to relative stability, but the next challenge is to maintain that stability while accelerating growth.

To guide future operations, he issued an 11-point directive to senior officials.

Key priorities include maintaining macroeconomic stability alongside growth, promoting inclusive development to expand employment, and reviving closed factories and businesses to restore economic momentum.

He also called for reviewing high interest rates to encourage investment, tightening efforts to control inflation, and strengthening transparency and accountability across the banking sector.

Other directives focus on evidence-based decision-making, implementing a rule-based management system, delegating authority to improve efficiency, and enhancing coordination with government agencies.

The Governor additionally emphasised the need to restore and uphold the professional image and credibility of the central bank as part of broader institutional reform.