Initiatives are being taken to reform the capital market: Salman F Rahman – 2024-05-31 12:11:35

by times news cr

2024-05-31 12:11:35

Capital market must have the largest position within the nation’s economic system, stated Salman F. Rahman, our capital market must be stronger. That’s the reason I’m speaking to Bangladesh Financial institution, NBR, Bangladesh Securities and Alternate Fee. The Prime Minister additionally desires to strengthen our capital market. What is important to strengthen the capital market, have to be performed. Initiatives are being taken to reform the capital market. Capital market is essential for us.

He stated this stuff on the opening ceremony of ‘Bangladesh Enterprise Local weather Index 2023-24’ organized by Metropolitan Chamber of Commerce and Trade (MCCI) and Coverage Alternate of Bangladesh (PEB) in Gulshan on Thursday (Could 30).

Inflation remains to be an issue within the nation, Prime Minister’s Non-public Trade and Funding Adviser Salman F. Rahman stated, including that the value of all the things goes up due to the rising greenback. On the identical time there may be strain on the reserves. Nevertheless, now the greenback disaster is ending. Progressively all issues will disappear. Hopefully, inflation will even cut back from subsequent July.

Tax charges needs to be lowered to extend income, this advisor to the Prime Minister stated, NBR remains to be a giant problem to ease the enterprise setting. It’s being repeatedly stated that income assortment will improve if the tax charge is lowered by rising the scope of tax. However, every time they put extra strain on the tax payers. Everybody needs to be taxed.

Salman F Rahman stated, new reforms will come on this price range. Our tax-GDP ratio has additionally come down in comparison with final yr. It is a drawback for us. This drawback have to be handled. We’d like home and international funding. The nation has a good enterprise setting. Now now we have to work. I’m optimistic, many native and international investments will come.

You may also like

Leave a Comment