Mentioning Bangladesh lags far behind in financial inclusion, Policy Research Institute (PRI) Executive Director Dr Ahsan H Mansur underscored the need for infrastructure development and government policy support to improve the situation.
"Higher tax rate is a barrier in expansion of financial inclusion in Bangladesh," the noted economist said at a programme on Tuesday.
The PRI and the Economic Reporters’ Forum (ERF) organised the training programme titled “Financial Inclusion in Bangladesh: Imperatives and Practices” at ERF Auditorium in Dhaka.
Dr Mansur suggested the government to upgrade all database for landscapes development.
"There is digitally huge potential in all sectors in the country. Though, there are some challenges too. However, we have to resolve our weaknesses," he added.
The economist called upon mobile financial organisations to ensure transparency and good governance in their services for the sake of mass people.
"The economic circumference of Bangladesh is developing day by day so every one of the country's people should be included under the financial inclusion," Dr Mansur also said.
ERF President Sharmeen Rinvy presided over the function while its General Secretary S M Rashidul Islam moderated it.
Executive Director of Bangladesh Bank Debdulal Roy and PRI Research Director Dr Abdur Razzaque also spoke at the event.
