Finance Minister AHM Mustafa Kamal has referred to as Worldwide Financial Fund (IMF) and growth companions to proceed monetary assist to Bangladesh to keep up the nation’s financial growth pattern.
He made this name throughout a gathering with visiting IMF Deputy Managing Director (DMD) Antoinette Monsio Sayeh at Pan Pacific Resort Sonargaon within the capital on Sunday (January 15).
Presently, Bangladesh Financial institution Governor Abdur Rouf Talukder, Finance Division Senior Secretary Fatima Yeasmin, Financial Relations Division Secretary Sharifa Khan, Monetary Establishments Secretary Sheikh Mohammad Salim Ullah and Vitality and Mineral Sources Division Secretary Dr Md Khairuzzaman Majumder and different senior officers had been current.
The Finance Minister welcomed the Deputy Managing Director of IMF on behalf of Bangladesh. Referring to the continual progress of Bangladesh, the minister stated, after independence, our GDP was solely 6.3 billion US {dollars} in 1972. It took us virtually 38 years to cross the $100 billion milestone in 2009. Bangladesh is now the thirty fifth largest financial system on this planet. Our GDP is now 465 billion {dollars}. Whereas final 12 months we had been the forty first largest financial system with USD 396 billion. Our subsequent purpose is to develop into an upper-middle earnings nation by 2031 and a sensible developed nation by 2041. We have to guarantee ample mobilization of home and international sources to realize our growth objectives. On this regard, as at all times, we search the cooperation of the event companions of Bangladesh.
Within the assembly, the latest dynamics of the worldwide financial system and likewise the continuing financial scenario of Bangladesh had been mentioned in particulars. In view of worldwide excessive inflation, rising rates of interest, Russia-Ukraine battle, and many others., numerous problems with growing and rising economies are mentioned. The IMF DMD expressed satisfaction over the assorted initiatives taken by the federal government and the central financial institution to take care of the continuing disaster. She emphasised on the continuation of the essential reform programmes introduced by the federal government.
The Finance Minister expressed satisfaction that the IMF initially agreed to offer a mortgage of USD 4.5 billion as requested by the Authorities of Bangladesh. Particularly, he thanked the IMF for supporting the reforms proposed by the federal government on this mortgage programme.