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The Bangladesh Bank Order, 1972 (President's Order)

( PRESIDENT'S ORDER NO. 127 OF 1972 )

Chapter VI

GENERAL

81. Whenever the Bank anticipates economic disturbances that are likely to threaten domestic monetary stability in Bangladesh or whenever abnormal movements in the money supply or in the price level are endangering such stability, it shall be the duty of the Bank-
 
 
(a) to adopt such policies, and to cause such remedial measures to be taken, as are appropriate in the circumstances and authorised by the Order; and
 
 
(b) to submit to the Government 1[* * *] a detailed report which shall include as a minimum, an analysis of-
 
 
(i) the causes of the anticipated economic disturbances or, of the actual abnormal movements of the money supply or the price level;
 
 
(ii) the probable effects of such disturbances or movements on the level of production, employment, and real income in Bangladesh, and
 
 
(iii) the measures which the Bank has already taken, and the further monetary, fiscal, or administrative measures which it proposes to take or recommends for adoption by the Government.

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    The words and commas “and, if not prejudicial to the public interest, make public,” were omitted by section 10 of the Bangladesh Bank (Amendment) Act, 1975 (Act No. XXXIII of 1975)
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