Public investment important for economic dev: Speaker

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Business Desk :
Jatiya Sangsad (JS) Speaker Dr Shirin Sharmin Chaudhury on Wednesday said role of public investments is important for economic development and building inclusive society.
“Public investment can play a vital role in ensuring public services, including infrastructural development and coping with adverse effect of climate change, in the South Asian countries,” she said while addressing a session of a two-day workshop in New Delhi, a press release said here.
The IMF – South Asia Regional Training and Technical Assistance Centre (IMF-SARTTAC) organised the session titled ‘Reaping the Dividends of Public Investment: Perspective of Bangladesh’.
Emphasizing on increasing public investment for sustainable and stable economic development, Shirin Sharmin said, “The public investment can be increased in different sectors, including health, education and telecommunication … and it must be for ensuring welfare of the people”.
Underpinning the need for proper management of the public investment, the speaker urged the people concerned to follow IMF Model to make the investment safe. Referring to different development activities took place in Bangladesh under the leadership of Prime Minister Sheikh Hasina, she said the country will be transformed into a middle income one by 2021 and developing by 2024 under her (PM’s) leadership.
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