World Bank to assist in developing Bangladesh’s share, bond markets: Finance minister
The finance minister told this to reporters after a meeting with World Bank Regional Director Zoubida Kherous Allaoua
The World Bank will assist to develop the share and bond markets of Bangladesh, Finance Minister AHM Mustafa Kamal said on Thursday.
He added that the international financial institution would also come forward in developing other sectors in the country that are still lagging behind.
The finance minister told this to reporters after a meeting with World Bank Regional Director Zoubida Kherous Allaoua, held at his office at Sher-e-Bangla Nagar, Dhaka.
"We have to give more attention to ensure greater financial development. For this we have to increase our capability. World Bank is ready to help in this regard," he said.
"Our bond market has not seen much development. If the development of bond market is ensured, then the share market can also be developed.
"The bond market will be developed in such a way that small investors can enter the market. Government companies will also be brought in the capital market in the upcoming days," said Mustafa Kamal.
Lauding Bangladesh's economy, World Bank Regional Director, Zoubida Kherous Allaoua, said the GDP rate of the country is good and it has directed the economic stability of the country, which is important to ensure a bright future and strong economy.
"We will work together with the government to develop both the bond and share markets," she said.
