Loading...
The Financial Express

‘We have forex reserves enough to meet up to nine months of imports’

| Updated: July 27, 2022 20:59:39


Prime Minister Sheikh Hasina. File photo Prime Minister Sheikh Hasina. File photo

Prime Minister Sheikh Hasina has said Bangladesh would be able to meet six to nine months of import expenditures with the existing foreign currency reserves.

“We have money in our hands to import foodgrains and others (essential items) for at least three months during any crisis. We’ll be able to import the food for six to nine months, not only for three months, with the reserve that we have now,” she said.

The premier said this while addressing the 28th founding anniversary programme of Bangladesh Awami Swechasebak League at Krishibid Institution Bangladesh auditorium in the city’s Farmgate area on Wednesday, joining it through a virtual platform from her official residence Ganobhaban.

She said despite having enough reserve, the government will have to take steps to grow more crops in order to save the foreign currencies and keep the forex reserve for any emergency, reports UNB.

Awami Swechasebak League, an associate body and the volunteer wing of the Bangladesh Awami League, was founded on July 27 in 1994.

The premier unveiled the cover of a publication titled ‘Swechasebar Ek Bosor’ highlighting the activities of the Swechasebak League in the last one year.

In the function, a cake was cut celebrating the birthday of Sajeeb Wazed Joy, son of Sheikh Hasina and her ICT affairs adviser.

A documentary was screened on late Swechasebak League president Nirmal Ranjan Guha who died on June 29 last.

Swechasebak League founding president AFM Bahauddin Nasim also spoke at the function.

Acting president of Swechasebak League Gazi Mesbaul Hossain Shachchu presided over the event conducted by its general secretary Afzalur Rahman Babu.

Share if you like

Filter By Topic