Measures taken to stabilise capital market

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Staff correspondent :

The government is actively working to restore investor confidence and overcome the ongoing instability in the Bangladesh’s capital market, with a focus on both short- and long-term stability measures said Finance Adviser Dr Salehuddin Ahmed on Wednesday.

The adviser made the remark while talking to reporters after a meeting with the Bangladesh Securities and Exchange Commission (BSEC) at its headquarters in Dhaka’s Agargaon. The government is committed to addressing current market challenges and resolving this issue.

He also said that “We are committed to resolving existing and past issues in the stock market so that both local and international investors feel secure in their investments. Our approach includes both immediate measures and long-term plans to build a sustainable and robust capital market.”

He further noted that the discussions centred on key issues, including liquidity challenges and mutual funds, to ensure a more resilient market structure.

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BSEC Chairman Khondoker Rashed Maqsood, also present at the meeting, emphasised that several policy concerns were raised with the finance adviser.

“I outlined key policy issues, and we anticipate that the ministry will make some visible, swift decisions to address pressing problems,” he said.

The discussions touched on critical areas such as negative equity, liquidity support, tax reforms, buyback policies, and banking sector reform, all aimed at stabilising the market and providing investor reassurance.

The finance adviser also consulted with committees investigating stock market irregularities, signalling the government’s intent to tackle regulatory issues head-on.