File photo of AHM Mustafa Kamal Mahmood Hossain Opu/Dhaka TribuneThe new finance minister expresses hope after taking oathNew Finance Minister AHM Mustafa Kamal on Monday expressed optimism that the country’s GDP growth rate in the current fiscal year (FY19) would reach 8.5%, exceeding the fiscal target of 7.8%. “As per an international think-tank, Bangladesh’s GDP growth will reach 7.5% this year. I think, the GDP growth will reach 8.5%,” he said. The finance minister urged authorities concerned to come forward and take necessary reforms to bring non-performing loans (NPL) to a reasonable level. Referring to the on-going upward trend in the stock market, Kamal said the national election has brought confidence to the people, taking the capital market to upward trend.

Source: Dhaka Tribune January 07, 2019 17:37 UTC