Dhaka: Finance Minister Amir Khosru Mahmud Chowdhury addressed Parliament on Tuesday, emphasizing the government’s commitment to enhancing the country’s capital market through institutional and regulatory reforms. These efforts are intended to mobilize domestic capital and boost economic activities.
According to United News of Bangladesh, the Finance Minister assured that all necessary reforms would be implemented to advance the capital market, ensuring its significant contribution to the nation’s economic growth. This statement came as a response to NCP lawmaker Atikur Rahman Mujahid (Kurigram-2) during a question-answer session in the Jatiya Sangsad.
Amir Khosru acknowledged the current challenges faced by the capital market, describing its condition as weak. He pointed out that several financial products essential for market expansion are not yet fully developed. Highlighting ongoing reform efforts, he mentioned the restructuring of the Bangladesh Securities and Exchange Commission (BSEC), which now includes experienced and competent professionals to enhance its regulatory effectiveness.
The Finance Minister expressed optimism that a strengthened regulatory framework would inject greater dynamism into the capital market. This is expected to enable the market to play a more effective role in channeling savings into productive investments and supporting overall economic growth.