Journalist Khaled Mohiuddin asked the Financial Advisor a question three times. The question is why the reserves are not increasing even after money laundering has stopped for the last seven months. He could not give a simple answer to this simple question even once. However, he and the Governor have done extraordinary work together and are doing it continuously. Perhaps after the late Saifur Rahman, the economy of Bangladesh is now in the hands of the most qualified people. The answer should have been:
A: Many accumulated foreign loans and interest have been paid off
B: The restrictions on opening LCs have been lifted, as a result of which businessmen and industrialists can open necessary LCs without any obstacles
C: The government itself is importing many products to keep the prices of daily necessities affordable
D: All the debts of the bank are being paid regularly
For these four main reasons, the reserves are not increasing but are stable at twenty billion dollars. Everyone should make out their own case properly so that no one can mislead the nation.
Posted by Dr. Asif Nazrul
