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2023-10-22 21:23:43

Economy is moving towards right track: Mustafa Kamal

Online Desk

Economy is moving towards right track: Mustafa Kamal

Finance Minister AHM Mustafa Kamal said the economy is moving in the right direction despite different external challenges.

Kamal noted the recent opinion of the World Bank and the International Monetary Fund (IMF) that Bangladesh’s economy remained on the right track and kept the growth rate of the country around 6 per cent.

He said this while speaking at a press conference on public pension investment in the meeting room of the Ministry of Finance on Sunday.

Earlier this month the IMF lowered Bangladesh’s economic growth to 6 per cent from 6.5 per cent, while the World Bank lowered Bangladesh’s economic growth projection to 5.65 per cent in the fiscal year of 2023-24 from 6.2 per cent.

The minister said, “We will say once again that we have to keep pace with the economy of the whole world. We cannot run our economy alone. Everyone should move forward together.”

When a war stops on one side, another war starts on the other side, the finance minister lamented.

The finance minister informed in the press conference that 15,000 people have already contributed to the universal pension scheme. The amount of contribution they have submitted is more than Tk 12.45 crore.

Bd-pratidin English/Golam Rosul

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