Bangladesh Bank Governor Fazle Kabir has expressed his hope that the stable economy of the country will help attract more foreign direct investment (FDI).
Moreover, few of the mega projects will be accomplished soon and help expedite the FDI inflow, he said on Saturday while addressing a webinar titled, “Bi-annual Economic State and Future Outlook of Bangladesh Economy: Private Sector Perspective”.
Joining the webinar as the chief guest, the central bank governor said the economy fell into a challenge due to Covid-19, but with the power of resilience, the private sector has performed relatively well recently.
“Our GDP (gross domestic product) and total size of economy have increased which is a good sign and reflects that we are on board,” he said.
Regarding the financial sector, Fazle Kabir said the government has declared stimulus packages at the right time and there are no liquidity shortages in banks at the moment.
He also said that Bangladesh Bank is closely monitoring the inflationary pressure on the economy.
At the webinar, Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) President Md Jashim Uddin joined as the special guest while Dhaka Chamber of Commerce and Industry (DCCI) President Rizwan Rahman presented the keynote paper.
