IMF, BB studies interest rate
Staff Correspondent
The International Monetary Fund (IMF) and Bangladesh Bank (BB) have jointly started to analyse interest rates in Bangladesh to find out whether those are comparatively higher than other countries. AD Warren Coats, assistant director of monetary affairs and exchange department of the IMF, arrived Dhaka August 19 to prepare the report. He met officials of the BB and commercial banks in the last few days to discuss the issue. A joint report on the study will be submitted to the government next month. The report will also make some recommendations on interest rates. Meanwhile, Finance Minister M Saifur Rahman will hold a meeting with managing directors of all banks Saturday to discuss issues on interest rate. Bangladesh Association of Bankers is also considering to hold talks with the finance minister on the same issue.
| 
