Finance and Planning Minister Amir Khasru Mahmud Chowdhury on Tuesday said there was no problem anywhere because the government took the right decision at the right time in economic management.
“Ramadan began after the current government came to power and the war began. There was a fuel oil crisis due to the war, but despite the fuel crisis, there was no transportation crisis during Eid this time, transport fares did not increase, people were able to go home and return without any problems,” he said.
This time, the Minister Said, commodity prices were also stable during Ramadan. This time, there was no unrest over the salaries of garment workers. The salaries of the workers were paid on time from the garment factory, so no problem arose.
The Finance Minister told reporters after a meeting with Krishna Srinivasan, Director of the IMF's Asia and Pacific Department, according to a Finance Ministry press release.
He said that a loan program is underway with the International Monetary Fund and discussions are underway to advance the program. The conditions against the program will be implemented gradually in the context of Bangladesh's economy.
He said, 'We cannot do everything at once, we will do it our way. All issues will be discussed at the IMF spring meeting in Washington in April.
The Finance Minister said, after taking office, we have found the previous economy in a bad condition. The banking sector, stock market are in a bad condition and the tax-GDP ratio is also very low. These crises can be overcome through economic reforms and the implementation of the BNP's election manifesto.
“We are working on social security programs such as family cards, distribution of farmer cards, agricultural loan waivers, etc. We are taking one step after another to implement them.”
Since the time of the interim government, the Finance Minister said, many development projects have been stalled due to economic reasons.
“We have discussed these. The economy needs to be taken to a certain place through reforms, for which several steps have been taken.”
The Minister said that attention is being paid to deregulation reforms, business facilitation, reducing business costs, etc. to take the economy to a certain place. He said that all these will be reflected in the next budget.