Govt to continue support for stock market development: PM
DHAKA- Prime Minister Sheikh Hasina today inaugurated the countrywide "Financial Literacy Programme" for the stock market investors, the first of its kind in Bangladesh, assuring that her government would continue its allout support for the development of the stock market.
"The present government would continue its allout support for the development of the stock market which would be a 'dependable source' of long-term funding in building a developed Bangladesh," she said.
The prime minister formally opened the Financial Literacy Programme at a function at Bangabandhu International Conference Centre here this morning.
From the function, she also inaugurated the newly-constructed 10-storey office building of Bangladesh Securities and Exchange Commission (BSEC) at Agargaon in the city.
Finance Minister Abul Maal Abdul Muhith addressed the function as the special guest, while SEC Chairman Dr M Khairul Hossain gave the welcome speech.
Pointing out that financial literacy is very important for proper investment of the savings money of the people, Sheikh Hasina said the people of the country sometime make investment whimsically.
"They lose everything by making whimsical investment, and financial literacy is very essential to prevent the people from it," she said, adding that it's necessary for the people to know how and where they would make investment.
The premier expressed her firm optimism that Bangladesh Securities and Exchange Commission (SEC), Stock Exchanges and listed companies would build a strong stock market by ensuring transparency and accountability side by side with establishing good governance.
"I hope it would create a scope for massive investment and employment in service and infrastructure sectors and play an important role in national economy," she said.