PM: Steps taken to make capital market vibrant

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Prime Minister Sheikh Hasina said her government has taken various steps to ensure a vibrant capital market that will help in making Bangladesh a developed country by 2041.

“Various measures are being taken to protect the interests of investors which will ensure an environment for a vibrant capital market,” she said on Monday.

The prime minister made the statement while inaugurating a regional seminar on “Financial Literacy and c,” reports UNB.

Sheikh Hasina said industrialization is the key for employment generation in the country and it requires investors from home and abroad along with the investment capital.

“The more people get involved in the capital market the more it will accelerate our industrialisation process,” she said.

The prime minister mentioned that the government has taken initiatives for capacity building of the BSEC, including a new organogram with more human resources.

Hasina said a small capital platform has been established at Dhaka Stock Exchange. As a result, she said small and medium industries can enjoy the facility to receive capital and this will eventually create a great scope for enlistment of the start-up companies.

Mentioning that the capital market is still retail investor-driven, the prime minister emphasized making the capital market vibrant: “We need to increase the participation of institutional investors in our market.”

Hasina said the government believes that the knowledge and techniques of investment for all the related stakeholders of the capital market, including retail investors, will accelerate the process of financial inclusion. 
Source: https://www.dhakatribune.com

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