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Atiur: Bangladesh stands on strong economic base

Update : 02 Dec 2015, 01:40 PM

The economic base of Bangladesh is now very strong and steady, Bangladesh Bank’s governor Atiur Rahman has said.

Addressing as the chief guest at a programme of laying foundation stone of Bangladesh Bank’s Chittagong Human Resource and Management Development Institution, the governor said this on Wednesday.

“The economy of the country is vibrant, steady and advancing,” he said.

The BB governor said: “We have succeeded to bring down the number of loan defaulters to 1% while the call money rate also dropped to 3%-4% at the same time”.

“To encourage the investment, the 300 million dollar received from the Word Bank (WB) at 4%-5% interest rate will be spent in the manufacturing sector,” he added.

Pointing out the negative growth at the different European countries, Atiur said: “If the investment is not enough in the country then how the growth stands on 6.3% in last six years”.

The investment is not visible since it becomes widespread, he said.

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