Economy in good shape: Finance Minister
‘We are trying to get better in the future and everyone is being urged on to wait with a little patience’
Despite the coronary situation, the country's economy is in good shape, says Finance Minister AHM Mustafa Kamal.
"We are trying to get better in the future and everyone is being urged on to wait with a little patience," he added.
Kamal was speaking to reporters after a virtual meeting of the Cabinet Committee on Public Procurement and the Cabinet Committee on Economic Affairs on Wednesday.
The Cabinet Committee on Procurement has approved a total of eight procurement proposals, including one and a half lakh tonnes of wheat from Russia and Argentina and one lakh tonne of maize from Myanmar.
The total procurement will cost Tk7,260 crore. Of this, the government will borrow Tk1,454 crore from its own fund and the remaining Tk5,807 crore from local banks and Exim Bank of China.
The finance minister, who is also the chairman of the two committees, said the export-import situation of any country in the world is not normal now. Bangladesh is in a better position than other countries.
"We are closely involved in world trade. We will sell what others will buy, and others will sell what we will buy," added the minister.