Experts for granting complete independence to Bangladesh Bank | Business

DHAKA, Sept 30, 2025 (BSS) – Experts at a discussion here today laid emphasis on granting complete independence to Bangladesh Bank for ensuring good governance, monetary policy effectiveness, and national economic health. They observed that the deliberate erosion of Bangladesh Bank’s independence and technical capacity has enabled the rise of economic oligarchs who have operated with impunity, extracting rents in a manner reminiscent of the East India Company. They mentioned that their unchecked financial irregularities pushed the country’s banking system to the brink of collapse, undermining public trust and weakening the economy’s foundations. Experts came up the remarks while speaking at the July-August edition of its Monthly Macroeconomic Insights (MMI) at the Policy Research Institute (PRI) conference room in the...