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Finance minister directs regulators to protect stock investor's interest

Staff Correspondent
23 May 2022 11:18:23 | Update: 23 May 2022 11:27:57
Finance minister directs regulators to protect stock investor's interest
Finance Minister AHM Mustafa Kamal — File Photo

Finance Minister AHM Mustafa Kamal at a meeting with Bangladesh Bank (BB) governor Fazle Kabir and other senior officials of the ministry asked them to take necessary steps to protect stock investors' interests and remain vigilant.

The minister made the call at a meeting on Sunday to discuss several issues including the assistance needed for maintaining normal transactions in the capital market and creating a conducive environment for investment and the continuation of the economic process.

He said the economy of Bangladesh stands on a strong base and the growth position is very positive, but the unstable situation of the stock market is not acceptable.

Despite the Russia-Ukraine war and Covid-19 pandemic, the economic growth of Bangladesh will continue, he said.

Finance Secretary Abdur Rauf Talukder and Secretary of Financial Institutions Division Sheikh Mohammad Salim Ullah were also present at the meeting.

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During the meeting, the minister emphasised keeping a watchful eye on the interests of all the stock investors in the country's capital market, big and small,

At the same time, he gave several directives to the BB and Bangladesh Security and Exchange Commission (BSEC) to take immediate and effective steps to restore strength in various sectors of the country's economy.

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