Newly appointed Bangladesh Bank Governor Md Mostaqur Rahman on Thursday stressed the importance of maintaining macroeconomic stability while steering the economy towards investment-driven growth to generate employment opportunities.
After formally assuming office at the central bank, the governor said the interim government had guided the economy from a fragile situation to a low-level equilibrium.
He noted that the next phase requires sustaining stability and accelerating growth through increased investment.
“Now our responsibility is to maintain macroeconomic stability and move towards investment-driven growth so that employment opportunities can be created,” he said.
Immediately after taking charge, Mostaqur Rahman held a meeting with deputy governors and executive directors of Bangladesh Bank.
Senior officials welcomed him on behalf of the institution’s officers and employees, according to a press release.
During the meeting, the governor outlined a series of policy priorities for the central bank.
He emphasised the need to balance stability with growth, ensure inclusive expansion that boosts employment, and facilitate the reopening of closed factories and businesses to revitalise economic activity.
He also said high interest rates would be reviewed to encourage investment. Ensuring price stability, particularly controlling inflation, was highlighted as a major objective.
The governor further underscored the importance of strengthening governance in the banking sector, adopting objective-based decision-making, and fully implementing a rule-based management system.
He called for greater delegation of authority to improve efficiency and enhanced coordination with other government agencies.
Above all, Mostaqur Rahman stressed safeguarding the image and credibility of Bangladesh Bank as a key priority.
He concluded the meeting by thanking officials and expressing confidence in collective efforts to achieve the bank’s policy goals.
