Bangladesh’s economy is relatively stable in almost all the indicators and its amount of foreign debt is still far below the risk limit.
This observation came when Prime Minister Sheikh Hasina on Tuesday witnessed a presentation on offshore tax amnesty and macroeconomic review of Bangladesh against the backdrop of Sri Lankan economic crisis, reports UNB.
The National Board of Revenue (NBR) and the Finance Division made the presentation at a meeting in Ganobhaban here, said a press release of the PMO press wing.
The cause of the ongoing crisis in Sri Lanka and its impacts were discussed in detail. Various indicators of Bangladesh's economy are reviewed in comparison to those of other countries in South Asia.
“It was observed that the economy of Bangladesh is relatively stable in almost all the indicators,” said the release.
Emphasis has been laid on implementing an integrated revenue policy and monetary policy to keep inflation under control, which was created as imported inflation in the domestic market in the backdrop of abnormal rise in prices of fuel, food and other items in the international market.
Analyzing the various indicators of the economy, it has been observed that there is no risk for Bangladesh regarding repayment of the foreign debt in the medium and long term. “The amount of foreign debt of Bangladesh is still far below the risk limit."
The PM directed all the authorities concerned to continue this good trend regarding the foreign debt in future.
Finance Minister AHM Mustafa Kamal, PM’s Energy Adviser Dr Tawfiq-e-Elahi Chowdhury, PM’s Principal Secretary Dr Ahmad Kaikaus, Bangladesh Bank Governor Fazle Kabir, Finance Secretary Abdur Rouf Talukder, NBR Chairman Abu Hena Md. Rahmatul Muneem, ERD Secretary Fatima Yasmin and Financial Institutions Secretary Sheikh Mohammad Salim Ullah, among others, were present.