BB boss Mostaqur takes charge, pledges support to reopen closed factories

Staff Reporter :

Md Mostaqur Rahman, the newly appointed governor of Bangladesh Bank, has pledged active support for initiatives to restart industrial units that have been closed, aiming to boost employment and economic growth.

He made the announcement during a meeting with central bank officials on Thursday morning, shortly after assuming office.

This information was given by the bank’s spokesperson, Arif Hossain Khan, at an emergency press conference organized at Bangladesh Bank on Thursday (February 26) afternoon.

Governor Mostakur Rahman also said that necessary steps will be taken after reviewing the issue of high interest rates that are creating obstacles to investment.

He further said that emphasis will be given to bringing a balance between interest rates and credit flow to increase economic momentum.

In addition, the governor pledged to make the decision-making process completely rule-based and non-discriminatory to ensure institutional good governance.

Earlier on the same day, Md Mostaqur Rahman formally assumed office as the 14th governor of Bangladesh Bank on Thursday.

He arrived at the central bank’s headquarters around 10:45am, where senior officials, including the deputy governor, welcomed him.

Before entering the headquarters, the new governor told reporters briefly: “I have arrived, let’s start work. We can talk later.”

After taking charge, he is scheduled to meet the deputy governor, the head of the Bangladesh Financial Intelligence Unit (BFIU), and the chief economist during the morning.