BB governor upbeat on achieving projected economic growth
Monday, 4 January 2010
Our Correspondent
CHITTAGONG, Jan 03: Bangladesh Bank Governor Dr Atiur Rahman said Sunday Bangladesh economy headed towards a positive turn in spite of the global economic recession.
The country saw a record reserve of foreign exchange and the flow of inward remittance also stood at US$ 1.054 billion in November last, the highest ever monthly flow, he said.
He informed that the government fixed the GDP growth rate at more than 6.0 per cent. 'We hope to achieve the growth rate, if the present trend of the economy continues.' A growth-promoting currency policy would be announced shortly, he added.
The BB governor was speaking at a press conference at the bank's Chittagong office. General Manager Naoshad Ali Chowdhury and other senior officials of the bank were also present.
He said the BASEL-2 came into effect on January 1 to help ensure the international standard in banking.
Dr Atiur said the tourism industry had a great potential in Chittagong, Cox's Bazar and other hill districts. The government would extend allout cooperation to the investors in the sector. "I would ask the scheduled banks to come up with soft loans to the investors in the tourism sector," he said.
All scheduled banks had already been instructed to introduce e-commerce and mobile banking, he added.
CHITTAGONG, Jan 03: Bangladesh Bank Governor Dr Atiur Rahman said Sunday Bangladesh economy headed towards a positive turn in spite of the global economic recession.
The country saw a record reserve of foreign exchange and the flow of inward remittance also stood at US$ 1.054 billion in November last, the highest ever monthly flow, he said.
He informed that the government fixed the GDP growth rate at more than 6.0 per cent. 'We hope to achieve the growth rate, if the present trend of the economy continues.' A growth-promoting currency policy would be announced shortly, he added.
The BB governor was speaking at a press conference at the bank's Chittagong office. General Manager Naoshad Ali Chowdhury and other senior officials of the bank were also present.
He said the BASEL-2 came into effect on January 1 to help ensure the international standard in banking.
Dr Atiur said the tourism industry had a great potential in Chittagong, Cox's Bazar and other hill districts. The government would extend allout cooperation to the investors in the sector. "I would ask the scheduled banks to come up with soft loans to the investors in the tourism sector," he said.
All scheduled banks had already been instructed to introduce e-commerce and mobile banking, he added.