Dhaka, Oct 30 (V7N)- Finance Adviser Dr. Salehuddin Ahmed announced on Wednesday that the government is taking active steps to rebuild investor confidence in Bangladesh's stock market, focusing on strategies for both immediate and long-term stability. Speaking after a meeting with the Bangladesh Securities and Exchange Commission (BSEC) at its Agargaon headquarters, Dr. Salehuddin emphasized the government's dedication to addressing present and past market issues, aiming to ensure a secure environment for local and foreign investors alike.
"Our plan combines immediate actions and long-term strategies to create a sustainable and resilient capital market," he stated. Discussions during the meeting covered critical topics such as liquidity constraints and mutual funds, intending to strengthen the market's overall structure.
The BSEC Chairman, Khondokar Rashed Maqsood, also present, outlined key policy concerns, expressing optimism that the Finance Ministry would take prompt actions on urgent matters. Dr. Salehuddin further noted that the meeting addressed areas of concern including negative equity, liquidity support, tax reforms, buyback policies, and reforms in the banking sector, all geared toward enhancing market stability and restoring investor confidence.
Additionally, the Finance Adviser held discussions with committees investigating irregularities in the stock market, reaffirming the government’s resolve to confront regulatory challenges directly.
END/MSS/AH
Comment: