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Muhith: Trade protection, private investment major challenges

Update : 14 Mar 2017, 11:38 PM
Finance Minister AMA Muhith said the worldwide trade protection and the private investment are two major challenges for Bangladesh in 2017-2018 fiscal year. “Private investments are not increasing because of the involvement of black money in our economy,” the minister told reporters on Tuesday after pre-budget meeting with financial watchdogs at the State Guest House Padma. Muhith also said: “The black money holders are investing abroad. As a result local capitals are being smuggled out. We should take steps to keep our capitals in the country.” “We will restructure the activities of social service organisations as their fundings likely questionable. There are 96 as such in the country,” he added.
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