Update September 20, 2015

Dhaka 1-15 am, 30-October, 2020

Bangladesh Bank launches 2nd 5-year strategic plan

Sumel Sarker

Bangladesh_bank

Bangladesh Bank launches 2nd 5-year strategic plan

20 Septembar 2015, Nirapad News: Bangladesh Bank (BB) on Saturday launched its second Strategic Plan 2015-2019 with the view to take the country towards prosperity by facing a number of global and domestic challenges in 21st century.

The governor of country’s central bank Dr Atiur Rahman unveiled the cover of the plan titled “Heading Towards New Horizon: Strategic Plan 2015-19” at AKN Ahmed auditorium of Bangladesh Bank Training Academy at Mirpur in city this morning.

He also urged all BB branch offices and divisions to come up with their own operational plan and to execute them under the light of Strategic Plan 2015-19.

BB deputy governors Shitangshu Kumar Sur Chowdhury and Abu Hena Mohammad Razee Hasan, executive director Ahsan Ullah and other high-ups of the bank and noted guests also addressed the program.

They said following the success of Strategic Plan 2010-14, the Strategic Planning Unit and officers of other BB divisions composed the Strategic Plan 2015-19.

Six objectives were stressed in the plan: (A) Balanced and coordinated monetary policy (B) Supervision & regulation for ensuring financial stability (C) Optimization of human capital (D) Promoting more liberalized foreign exchange regime (E) Socially responsible (sustainable) financing and inclusive growth and (F) Enterprise Resource Management, Effective communication and image building.

Besides, the speakers said ingraining socially responsible, inclusive, and environmentally sustainable financing ethos, and efficient monetary policy, regulatory and supervisory framework were stressed in the strategic plan.

The new Strategic Plan 2015-19, consisting of 14 strategic goals, will be reached through a total of 105 objectives to essentially be attained by 320 action plans in the medium and long-run.

The plan also put emphasis on the evaluation of Bangladesh Bank’s steps by internal and external stakeholders like banks, non-banking financial institutions, heads of several domestic and foreign institutions and general bankers and their expectations and national perspective plan for the next five years in mind.

The divisions of the central bank will finalize their actions plans based on 14 strategic goals, 105 objectives, 320 action plans and 395 Key Performance Indicators of the Strategic Plan.

BB deputy governor Naznin Sultana urged the Financial Sector Support & Strategic Planning Department of the bank to play leading role in implementing the plan.

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