Finance advisor will sit with stakeholders in DSE to resolve the crisis

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Finance advisor will sit with stakeholders in DSE to resolve the crisis

Salehuddin Ahmed, the interim government finance advisor, is debating ways to end the current crisis in the nation’s capital market with the pertinent parties.

The main capital market of the nation, the Dhaka Stock Exchange (DSE), is located in the capital city of Nikunja. The meeting is scheduled to begin at 10 am on Tuesday, January 7.
To the media, DSE Director Shakil Rizvi affirmed this information.

This discussion meeting, called by the DSE Board of Directors, will be attended by representatives of the following organizations: Bangladesh Bank, Bangladesh Securities and Exchange Commission (BSEC), Bangladesh Bank, National Board of Revenue (NBR), Chittagong Stock Exchange (CSE), DSE Brokers Association of Bangladesh (DBA), Bangladesh Merchant Bankers Association (BMBA), Central Depository Bangladesh Limited (CDBL), Central Counterparty Bangladesh Limited (CCBL), Investment Corporation of Bangladesh (ICB), and Financial Reporting Council (FRC).

The individuals expressing concern stated that the current state of the capital market is unstable. Even though the public and student uprising in July and August improved economic indicators, the capital market was unaffected. Consequently, there is now a more noticeable crisis of confidence among all parties involved, including investors, stock brokers, and merchant bankers. Under such circumstances, Tuesday morning (January 7) Financial Advisor Salehuddin Ahmed will visit DSE. The next steps will be decided after discussions with the concerned parties there.

When asked about this, DSE Director Shakil Rizvi told DSE Director Shakil Rizvi confirmed this information to the media. “The Financial Advisor will come to DSE on Tuesday morning. Discussions will be held with the concerned stakeholders to resolve all the problems of the capital market. During the discussion, suggestions and recommendations may be made by the shareholders for the development of the capital market.”

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