Bangladesh Bank ready to ensure enhanced cash flow: Dr Yunus
The chief adviser highlighted the interim government's success in rebuilding trust in the nation’s economic future
Chief Adviser Dr Muhammad Yunus today (16 December) assured that the Bangladesh Bank is fully prepared to ensure enhanced cash flow to banks across the country, enabling depositors to access their funds without hindrance.
"No bank has been closed, and even the weakest institutions have been stabilised," he said in his Victory Day address to the nation.
Dr Yunus said confidence and discipline are being steadily restored in the banking system, and announced that previous restrictions on cash withdrawals have been lifted, signalling a robust recovery within the banking sector.
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The chief adviser highlighted the interim government's success in rebuilding trust in the nation's economic future, particularly with international financial institutions such as the World Bank.
These institutions are now engaging with renewed enthusiasm to establish fresh financial collaborations with Bangladesh, he said.
Referring to the economic challenges faced by the interim administration upon assuming office, Dr Yunus said, "When we took charge, the economy was on the verge of collapse. Over the past four months, we have introduced significant reforms to change its trajectory."
He underlined the government's commitment to ensuring enhanced cash flow in crucial areas, which is expected to bolster public confidence and facilitate financial stability across the nation.
