Notwithstanding how Bangladesh Bank (BB) chose to describe it — cautious, accommodative, etc. — there is little doubt that the monetary policy of the country was expansionary until about last one year.
The Finance Minster (FM) often says things that surprise the economics profession. Perhaps that is only because they are paying attention to the wrong things. When the FM speaks to the local media or even to his parliamentary colleagues he is essentially talking politics.
The pivotal role of the banking sector in an economy is well-recognised. Commercial banks play multi-faceted roles in contributing to economic growth, employment and overall well-being of people.