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The International Monetary Fund (IMF) has been recommending a flexible interest rate targeting to modernise monetary policy for the past half decade. The Bangladesh Bank has agreed to move to such a framework by 2026 as part of the $4.7 billion IMF program now in place. Hopefully, this time intentions will translate into actions leading ultimately to an exit from the
On 29 June, the Commission adopted the 2022 Strategic Foresight Report – Twinning the green and digital transitions in the new geopolitical context. As we prepare to accelerate both transitions, the report identifies ten key areas of action with the objective of maximising synergies and consistency between our climate and digital ambitions. By doing so, […]
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The Bangko Sentral ng Pilipinas (BSP) will be adding the fiscal and external sectors such as the balance of payments to the list of variables in its policy analysis model for its future decisions and regular forecasting exercises. This will also give BSP a better handle on the short-term outl