Dhaka, Sep 22 (V7N) – Finance Advisor Dr. Salehuddin Ahmed has cautioned that making the capital market a regular source of income is risky and misleading.

“It is wrong to think that the capital market will always generate profits,” he said on Sunday. The advisor emphasized that Sukuk bonds should be issued privately, arguing that this would channel investment into sectors with genuine profitability.

Reflecting on infrastructure financing, Dr. Salehuddin recalled that the idea of the Padma Bridge dates back to when Barrister Nazmul Huda was Communications Minister. “Even then, I said there was no need to take a loan from the World Bank to build such a large project,” he noted.

He further stressed that it was possible to raise funds for mega projects like the Padma Bridge through the stock market, if managed effectively.

END/SMA/AJ