State of the Bangladesh Economy in FY2021-22 slide image

State of the Bangladesh Economy in FY2021-22

Independent Review of RBD Bangladesh's Development Key attributes of the Capital Market Stimulus Packages for the SEC: ➤ 1) a package for banks that would allow them to borrow money for six months at 6 percent interest to invest in equities to bolstering the capital market 2) a stabilization fund of Tk.200 crore to invest in the capital market with the 3)BDT 8.5 billion revolving fund for five years to invest it in the capital market and utilise it during any crisis to keep the market stable National Budget on stock market: ➤ The provision of allowing investment of undisclosed black money in the capital market is a specific initiative made in the national budget for FY2022. Market Operations during the Pandemic Period: The stock market was closed for a consecutive 66 days during the country's first wave of covid pandemic causing a detrimental effect in overall market performance Foreign Investment Concerns and Road Shows: Foreign investors took away their investment from the stock markets during 2019-2021 owing to a number of reasons other than the pandemic even the roadshows failed to create enthusiasm ☐ Less Use BO account: ➤ Compared to the pre-pandemic period Z(January, 2019), use of BO accounts has declined by 27.8 per cent at the later phase of pandemic (December, 2021). CPD (2021): State of the Bangladesh Economy in FY2021-22 (First Reading) 69
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