Minister Without Portfolio Suranjit Sengupta wants Tk 50 billion set aside in next fiscal’s national budget to boost the capital market.
He made the demand in a discussion on the budget.
Referring to various positive economic indicators, he said, “I had earlier asked the Finance Minister and I am again asking him to form a Tk 50 billion fund if you want to boost the flagging capital market.
The Dhaka Stock Exchange (DSE) and the Bangladesh Merchant Bankers Association (BMBA) had earlier made a similar appeal seeking such a fund in the budget for capital market rejuvenation.
Suranjit said that prices of essential commodities could be skyrocketing because of the central bank’s even-handed monetary policy.
He said that the country’s foreign exchange reserves crossed $15 billion mark.
Source: Bd news24
The black cat should resign from the parliament and retire from politics.