Country Director of the Asian Development Bank (ADB) to Bangladesh Edimon Ginting on Thursday said that following the holding of the last general election, confidence would come back in the economy of Bangladesh.
"Most importantly, I think as the election is over, confidence will come back," he said while talking to reporters after making a courtesy call on Finance Minister Abul Hassan Mahmood Ali at the latter's office at Bangladesh Secretariat. Ginting said there were some questions over the last general election, "But after the election, off course the government will be confident like in the past,"
He said the ADB is very proud of the progress that has been achieved over the last 15 years in Bangladesh. "So, we're looking forward to help the government to bring back the high growth that has been achieved in the past. Given the current challenges, we're assured enough that the future over the next five years will be better in Bangladesh,"
He said Bangladesh is one of the great development stories certainly the ADB is proud of working with the government.
When asked about the future strategies to overcome the issue of comparatively low level of foreign currency reserve, the ADB country director said the government is dealing with the problem of foreign currency reserve.
"We feel that the policies that have been implemented by the government are on the right track and they need to fine tune and thus accelerate it to deal with this. The foreign currency reserve needs to be strengthened," he added.