Bangladesh finance minister asserts economic stability amid growth
06 Mar 24 1 min read
Insights
- Abul Hassan Mahmood Ali highlighted Bangladesh economy's upward trend, citing consistent growth in key macroeconomic indicators.
- He pointed out that Bangladesh had achieved its highest position in various indicators since independence under the leadership of Prime Minister Sheikh Hasina.
- State minister for Finance Waseqa Ayesha Khan echoed Ali's sentiments.
Speaking to reporters after chairing a session at the Ministry of Finance recently, he reassured the public, stating there was no cause for concern or disappointment regarding the country’s economic status.
Ali highlighted the upward trend in inward remittances in February and the overall growth across key macroeconomic indicators even as he dismissed concerns of uncertainty, attributing them to baseless propaganda spread by some vested interests.
The minister also pointed out that Bangladesh had achieved its highest position in various indicators since independence under the leadership of Prime Minister Sheikh Hasina.
He underscored the tangible progress witnessed across the nation, emphasising the positive impact of development initiatives.
Regarding inflation, Ali downplayed its significance, highlighting the government’s provision of family cards to millions of people, enabling them to access essential commodities at subsidised prices.
State minister for Finance Waseqa Ayesha Khan echoed Ali’s sentiments even as she reiterated the government’s commitment to austerity measures and efficient implementation of development projects.
Fibre2Fashion News Desk (DR)
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