Staff Reporter :
Bangladesh Bank Deputy Governor SK Sur Chowdhury has sought foreign direct investment (FDI) to attain the upper middle income group by 2030.
“We’re now working to simplify foreign exchange regulatory regime to attract more FDI inflows that will be needed for attaining the growth vision of raising the country’s per capita GNI to the upper middle income country group threshold,” the deputy governor said while addressing at a plenary session held at a city hotel on Thursday.
The City Bank Limited organized the session in the backdrop of the visit of two senior executives of Edmond de Rothschild Group.
The Edmond de Rothschild Group is a private Swiss banking group established by Baron Edmond de Rothschild (1926-1997) of the world-renowned French Rothschild family in 1953.
This is a financial services group headquartered in Geneva, Switzerland, having presence in 17 countries with more than 30 offices worldwide, reportedly financing €100bn of assets in 2008 alone.
The BB Deputy Governor Mr. Sur Chowdhury also said external capital account transactions have also been liberalized gradually to attract FDI and foreign portfolio investment (FPI) inflows.
Bangladesh’s Perspective Plan up to FY 2020 envisages transition to upper middle income country group by 2020, in terms of GNI per capita.
Beyond this, we are looking forward to crossing the upper middle income country group threshold by 2030, the deputy governor added.
Bangladesh Bank Deputy Governor SK Sur Chowdhury has sought foreign direct investment (FDI) to attain the upper middle income group by 2030.
“We’re now working to simplify foreign exchange regulatory regime to attract more FDI inflows that will be needed for attaining the growth vision of raising the country’s per capita GNI to the upper middle income country group threshold,” the deputy governor said while addressing at a plenary session held at a city hotel on Thursday.
The City Bank Limited organized the session in the backdrop of the visit of two senior executives of Edmond de Rothschild Group.
The Edmond de Rothschild Group is a private Swiss banking group established by Baron Edmond de Rothschild (1926-1997) of the world-renowned French Rothschild family in 1953.
This is a financial services group headquartered in Geneva, Switzerland, having presence in 17 countries with more than 30 offices worldwide, reportedly financing €100bn of assets in 2008 alone.
The BB Deputy Governor Mr. Sur Chowdhury also said external capital account transactions have also been liberalized gradually to attract FDI and foreign portfolio investment (FPI) inflows.
Bangladesh’s Perspective Plan up to FY 2020 envisages transition to upper middle income country group by 2020, in terms of GNI per capita.
Beyond this, we are looking forward to crossing the upper middle income country group threshold by 2030, the deputy governor added.
