Dhaka, Feb. 8 -- Bangladesh Bank is set to announce its monetary policy for the first six months of the year by following the same approach as before, keeping inflation control at the centre of its strategy.

The central bank said the new monetary policy statement will be unveiled on Monday at 11am by Governor Ahsan H Mansur.

A monetary policy outlines how much money is likely to be supplied to the market during a specific period to support the government's overall financial and economic plans.

Bangladesh Bank announces its monetary policy twice a year. The upcoming policy will cover the January-June period of the current year.

The International Monetary Fund (IMF) has advised Bangladesh not to cut the policy interest rate until inflat...