Finance advisor. Salehuddin Ahmed will go to the stock market regulatory body Bangladesh Securities and Exchange Commission (BSEC). He is scheduled to go to BSEC on Wednesday at 3 p.m.

On this day he will meet BSEC chairman, commissioners and senior officials. BSEC will make recommendations on the reasons for the current recession in the market and what can be done to improve it.

Regarding the meeting with the Finance Advisor, BSEC Chairman told reporters on Tuesday that the Finance Advisor has returned to the country. Within this week, a decision will be taken regarding the policy support for the development of the stock market on the basis of discussions with the advisors and related parties. Some of which will be implementable in the short term, while others will be implemented in the medium and long term.

The policy measures that have been taken include, taking necessary measures to increase the supply of liquidity in the market, assistance in providing funds to increase the investment capacity of the state-owned investment institution Investment Corporation of Bangladesh (ICB), taking necessary measures to use the money collected by BSEC through fines for the protection of investors, Reforming the IPO law and providing tax incentives to bring public and private good and profitable companies to the market faster, reducing the settlement time of the stock market to one day, finally settling the amount of unpaid accumulated negative debt (negative equity) in the lending institutions, high net worth individuals. Reduction of capital gains tax rate to encourage investment, determination to introduce share buyback system, no future imposition of floor price on increasing foreign investment, ensuring good governance and due observance of law.