Some banks go bust, but none will close: Money Advisors

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Some banks go bust, but none will close: Money Advisors

Finance Adviser to the Interim Government, Salehuddin Ahmed, said that while some banks may go bankrupt, none will be closed.

He said this in a press conference organized in the meeting room of the Ministry of Finance at the Secretariat on Tuesday (November 19).

Financial advisers say some banks are coming back. Islami Bank is the largest bank. It’s getting better. Some banks will dig and dig. But we will not close any bank.

He said that initiatives have been taken to reduce the budget expenditure. However, the salaries and allowances of existing government officials will not be withheld. Some projects in ADP are considered unnecessary and political considerations, which are seen as losses.

Salehuddin Ahmed also said, we will leave a footprint. We will walk through the designated area of ​​road construction. We will do some renovations. Those who come later will understand that the road has to be built from here. Our efforts to build a welfare state continue.

In addition to the Finance Advisor, the Finance Secretary was present at the press conference. Khairuzzaman Majumdar, Secretary of Financial Institutions Department Najma Mubarak and Chairman of National Board of Revenue (NBR). Abdur Rahman Khan.

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