POST TIME: 5 November, 2019 00:00 00 AM
‘Bangladesh keen to work with Japan on mega projects’
BSS, Dhaka

‘Bangladesh keen to work with Japan on mega projects’

Finance Minister AHM Mustafa Kamal yesterday said that the government is interested to work more with Japan on more mega projects since they extend credit on soft terms.

“Currently we’ve many ongoing projects with Japan as these are investment projects and benefits are surely expected from these projects. We’re interested to work with Japan on more mega projects as they give us credit onsoft terms,” he said.

The Finance Minister said this to reporters after Japanese ambassador to Bangladesh Naoki Ito met him at his ERD office this afternoon, said a Ministry press release.

Mentioning that Japan is a trusted and time-tested friend of Bangladesh, Kamal said the relationship between Bangladesh and Japan deepened through the hands of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.

Referring to his meeting earlier in the day with a delegation of Peoples’ Leasing and Financial Services (PLFS), he told a questionnaire that they demanded of the government to stop the process for closing down the company as well as to return the deposits of the small and individual investors.

In this regard, Kamal said he had assured the delegation of considering their demands.

When his attention was drawn to the CPD’s recent independent review on the current fiscal year, the Finance Minister said, “Our position is not the same as theirs. Our position is for the country’s people and their welfare. I’ll praise the country’s people as you better know whether there is growth, development and employment generation in the country or not,”

The Finance Minister said since there was stable macroeconomic situation and continued growth in the country, the poverty rate came down at around 20 per cent which was 56.7 per cent in 2001. “Except this, we don’t have any other magic in our hands,”