This new phase in our development will require much more advanced and sophisticated financial planning. Municipal bonds are ideal for that. In any developed country, local development projects are done locally and almost always funded by issuing municipal bonds. Laying the groundworkThe first order of business is to create an advisory committee to prepare guidelines for issuing municipal bonds. Each local administration will require specialized professionals like municipal financial advisors, bond counsels, underwriters, underwriters’ counsels, and many more.

Source: Dhaka Tribune March 21, 2018 18:56 UTC