The interim government’s finance advisor said that the government is helping enough to restore the confidence of the capital market investors. Salehuddin Ahmed. He said that support is being given to the regulatory body, ICB has been given a loan of 3000 crore taka, this has been done to restore trust.
He said these things in response to the questions of journalists after a discussion meeting held with the concerned stakeholders to determine how to solve the ongoing crisis in the country’s capital market at Dhaka Stock Exchange (DSE), the main capital market of the country, at Nikunj in the capital on Tuesday (January 07).
He said, long term financing for industries in big countries of the world comes from the capital market. Bank money is money deposited by people. Hence dependence on banks for large and long-term financing should be reduced.
Dr. Salehuddin Ahmed said, today we have heard their advantages and disadvantages from everyone related to the capital market. Some steps have already been taken to solve some of these problems.
He also said that many times you see that the stock market is late. This is because the market is reforming. No policy was taken here to benefit anyone, which happened in the past.
In this discussion meeting organized by the board of directors of DSE- 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), Representatives of Investment Corporation of Bangladesh (ICB), Financial Reporting Council (FRC) were present.