The purpose of monetary policy is to enhance the economic
growth GDP GNP per capita employment creation equitable
distribution of employment and national income between poor
and rich man and woman, old and young geographical regions in
the North South and East West areas of the country and Tribal
People I the hilly area with a broad national objective of poverty
alleviation and achieving a good life and living.
Another objective is to maintain the balance of trade(BOT) and
balance of payment. The above objective can be achieved
through an expansionary monetary policy in a coordinated
manner.
The specific objective of monetary policy is to control credit and
inflation. The present problem of Bangladesh is high inflation or
too much to pay for goods and services which are considered as
necessities in life.
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