News Flash
DHAKA, June 2, 2025 (BSS) - Finance Adviser Dr Salehuddin Ahmed today said that activities are underway to increase fundraising opportunities through equity.
“Work is underway to establish commodity exchanges and implement blockchain-based back-office software to increase transparency of the capital market and protect investors,” he said.
He said this while presenting the budget for the fiscal year 2025-26 (FY26) via a pre-recorded telecast speech.
Salehuddin hoped that implementation of the reform recommendations and the development of capital market infrastructure will bring back momentum in this important sector of investment.
He said the Capital Market Reform Task Force and Capital Market Reform Focus Group have been formed which consist of the concerned and experienced people to ensure overall development of the capital market of Bangladesh, increase the confidence of the investors and ensure good governance.
The task force has submitted draft recommendations on the Bangladesh Securities and Exchange Commission (Mutual Fund) Rules, 2001 and IPO Rules, and final recommendations on Margin Rules, he added.
He said, “To bring back momentum in the capital market, which was almost destroyed by irregularities, manipulation and corruption during the previous regime, the interim government has taken up plans to reduce the shares of the government in the multinational companies and included them in the capital market, provide necessary incentives to encourage the large local companies to get listed in the capital market, implement specific action plans within the shortest possible time to prevent market manipulation, bring all those involved in irregularities under the law, and reduce dependence on bank loans.”
