Bangladesh’s Economic Adviser Dr. Salehuddin Ahmed stated that it is not possible to reduce bank interest rates at this time. He made the remarks on Saturday, January 10, at an event organized by Banking Almanac at the CIRDAP auditorium in Dhaka, where he attended as the chief guest. Ahmed emphasized that given the current realities, lowering loan interest rates is not feasible.

He noted that the banking sector has become relatively stable but cautioned that reducing interest rates remains difficult. The adviser also mentioned that controlling inflation cannot be achieved by the government alone without the cooperation of the business community and the broader society. He expressed hope that he would not fail in his role as economic adviser and that moving Bangladesh forward remains a major challenge.

The comments highlight the government’s cautious stance on monetary policy adjustments amid ongoing efforts to stabilize the financial sector and manage inflationary pressures.