The Finance Minister AHM Mustafa Kamal on Sunday said the economy is moving in the right direction despite different external challenges.
He noted the recent opinion of the World Bank and the International Monetary Fund (IMF) that Bangladesh’s economy remained on the right track and kept the growth rate of the country around 6 per cent.
Kamal said this while speaking at a press conference on public pension investment in the meeting room of the Ministry of Finance on Sunday.
Earlier this month the IMF lowered Bangladesh’s economic growth to 6 per cent from 6.5 per cent, while the World Bank lowered Bangladesh’s economic growth projection to 5.65 per cent in the fiscal year of 2023-24 from 6.2 per cent.
The finance minister said, “We will say once again that we have to keep pace with the economy of the whole world. We cannot run our economy alone. Everyone should move forward together.”
When a war stops on one side, another war starts on the other side, the finance minister lamented. "Now you tell (journalists) how to control the market?"
He informed in the press conference that 15000 people have already contributed to the universal pension scheme. The amount of contribution they have submitted is more than Tk12. 45 crore.
He said, “The government has started investing the subscription money in the universal pension scheme. Initially, Tk11.31 crore has been invested for 10-year treasury bonds.”
