Bangladesh has to concentrate on time-bound quality execution of business-friendly policies to attract more foreign direct investment, economist Prof Atiur Rahman suggested.
Former Bangladesh Bank Governor Atiur Rahman also emphasized on increasing financial inclusion for macro economic development while addressing a conference organised by South Asian Network on Economic Modeling (SANEM) at Brac Inn in the capital in Dhaka on Saturday.While presenting keynote at the session styled ‘Macro Economic Policy’, Prof Atiur urged upon the government to improve the touch points, removal of duplications and improving customer experiences to attract more FDI. Planning Minister MA Mannan inaugurated the conference where noted economists and academics attended to share latest development in state of economy in the country.
Appreciating the increasing domestic growth, Prof Atiur recalled impressive macroeconomic stability in Bangladesh for more than a decade as reflected in steady growth, stable inflation and exchange rate.
He said Bangladesh has always demonstrated its foundational strengths of macroeconomic stability through its consistent 7 percent plus growth rate which if sustained can lead to doubling of the size of the economy in every ten years.
Centre for Policy Dialogue (CPD) Founder Prof Rehman Sobhan and Prof Wahiduddin Mahmud spoke, among others, at the session styled chaired by Prof Atiur Rahman.