Dhaka hopeful of overcoming economic crisis sans big loss: Minister

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Bangladesh planning minister MA Mannan recently expressed hope that his country can tackle the situation arising from the current global economic condition without any big loss. “The global economic shock has also affected Bangladesh while bigger economies have also fallen into crisis. Being a comparatively smaller economy, Bangladesh has been trying to keep its momentum braving the adverse global condition. Hopefully we’ll be able to tackle the situation without any big loss,” he said.

The minister was addressing the publication ceremony of ‘Banking Almanac’, which has information on banks and financial institutions in the country.

Bangladesh planning minister MA Mannan is hopeful of tackling the situation arising from the current global economic condition without any big loss. The global economic shock has affected Bangladesh, but being a relatively smaller economy, it has been trying to keep its momentum braving the adverse global condition, he told an event in Dhaka.

Former central bank governor Salehuddin Ahmed urged authorities to make public all initiatives and operations undertaken in the banking and financial sector.

To restore sound governance in the banking sector, there is a need to take proper decisions and thus implement those visibly in a speedy manner, he was quoted as saying by a news agency.

Fibre2Fashion News Desk (DS)


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