Desk Report
Publish: 30 Oct 2024, 07:18 pm
Finance Adviser Dr. Salehuddin Ahmed || Photo : Collected
Finance Adviser Dr. Salehuddin Ahmed on Wednesday said that the government is actively working to restore investor confidence in Bangladesh’s capital market, with a focus on both short- and long-term stability measures.
Following a meeting with the Bangladesh Securities and Exchange Commission (BSEC) at its headquarters in Dhaka’s Agargaon, Dr. Salehuddin addressed reporters, highlighting the government's commitment to addressing current market challenges.
“We are committed to resolving existing and past issues in the stock market so that both local and international investors feel secure in their investments,” Dr. Salehuddin said. “Our approach includes both immediate measures and long-term plans to build a sustainable and robust capital market.”
He further noted that the discussions centered around key issues, including liquidity challenges and mutual funds, to ensure a more resilient market structure.
BSEC Chairman Khondokar Rashed Maqsood, also present at the meeting, emphasized that several policy concerns were raised with the Finance Adviser. “I outlined key policy issues, and we anticipate that the ministry will make some visible, swift decisions to address pressing problems,” he said.
The discussions touched on critical areas such as negative equity, liquidity support, tax reforms, buyback policies, and banking sector reform, all aimed at stabilizing the market and providing investor reassurance.
The Finance Adviser also consulted with committees investigating stock market irregularities, signaling the government’s intent to tackle regulatory issues head-on.
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