Initiatives underway to restore confidence in capital market: Salehuddin

BSS
Published On: 07 Jan 2025, 17:26
Dr Salehuddin Ahmed Initiatives underway to restore confidence in capital market. FIle Photo

DHAKA, Jan 7, 2025 (BSS) - Finance Adviser Dr Salehuddin Ahmed today said various initiatives are now underway to restore confidence in the capital market.
 
"Only reforms are being carried out now. We are not creating any new policies. We will not proceed as before, giving advantages or raising some share prices through policy,” he said.
 
The adviser said this after a meeting with stakeholders at the Dhaka Stock Exchange (DSE) office in the city.
 
Salehuddin said several measures have already been taken. “Various types of support, including liquidity, are being provided. We have sat down with brokerage houses, two stock exchanges, and market stakeholders to discuss their advantages and disadvantages. We are confident that the market will improve," he added.
 
Representatives of the Bangladesh Securities and Exchange Commission (BSEC), Bangladesh Bank, National Board of Revenue (NBR), Chittagong Stock Exchange (CSE), DSE Brokers Association of Bangladesh (DBA), Bangladesh Merchant Bankers Association (BMBA), Central Depository Bangladesh Limited (CDBL), Central Counterparty Bangladesh Limited (CCBL), Investment Corporation of Bangladesh (ICB), and Financial Reporting Council (FRC) attended the meeting.
 

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