Misquoted?

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WHEN the governor of the country's central bank publicly says "boosting investment is no job of the central bank" you must doubt whether the market economy is still operating in the country. Fiscal and monetary policies are the basic instruments available to the government and the central bank under the market economy to kill or enthuse entrepreneurs' efforts at making investment in the productive as well as other economic sectors. The governor is the framer and guardian of one of those two basic instruments.
I only hope the governor was misquoted by some newspapers in their reports on his address at the recent workshop on "Poverty and Role of Bangladesh Media, held in Dhaka.

Shamsuzzaman
Dhaka University