IFC investments to create more jobs in Bangladesh: Finance minister | The Business Standard
Skip to main content
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
The Business Standard

Friday
July 25, 2025

Sign In
Subscribe
  • Latest
  • Economy
    • Banking
    • Stocks
    • Industry
    • Analysis
    • Bazaar
    • RMG
    • Corporates
    • Aviation
  • Videos
    • TBS Today
    • TBS Stories
    • TBS World
    • News of the day
    • TBS Programs
    • Podcast
    • Editor's Pick
  • World+Biz
  • Features
    • Panorama
    • The Big Picture
    • Pursuit
    • Habitat
    • Thoughts
    • Splash
    • Mode
    • Tech
    • Explorer
    • Brands
    • In Focus
    • Book Review
    • Earth
    • Food
    • Luxury
    • Wheels
  • Subscribe
    • Get the Paper
    • Epaper
    • GOVT. Ad
  • More
    • Sports
    • TBS Graduates
    • Bangladesh
    • Supplement
    • Infograph
    • Archive
    • Gallery
    • Long Read
    • Interviews
    • Offbeat
    • Magazine
    • Climate Change
    • Health
    • Cartoons
  • বাংলা
FRIDAY, JULY 25, 2025
IFC investments to create more jobs in Bangladesh: Finance minister

Economy

TBS Report
19 October, 2019, 12:40 pm
Last modified: 19 October, 2019, 01:01 pm

Related News

  • PM Hasina attends post-budget dinner hosted by finance minister
  • Finance Minister places Tk7.97 lakh crore budget for FY25
  • Finance Minister says army can take action against former chief Aziz Ahmed
  • ADB's climate financing should be concessional: Finance minister
  • FinMin seeks ADB support for trade policy, logistics, climate reforms

IFC investments to create more jobs in Bangladesh: Finance minister

The interest rate of IFC loans would be less than 10 percent, said Kamal

TBS Report
19 October, 2019, 12:40 pm
Last modified: 19 October, 2019, 01:01 pm
Finance Minister AHM Mustafa Kamal was talking at a meeting on road safety in Washington on Friday/ collected
Finance Minister AHM Mustafa Kamal was talking at a meeting on road safety in Washington on Friday/ collected

Finance Minister AHM Mustafa Kamal has said huge investments from the International Finance Corporation (IFC) will expand the scope of employment opportunities in Bangladesh.

He said, "The private organisations in Bangladesh can utilise IFC investments, and this will lead to job growth." 

The minister made the remarks at a press briefing after a series of meetings with the World Bank and the United States Agency for International Development in Washington on Friday, said a press release issued by the Finance Division.

The Business Standard Google News Keep updated, follow The Business Standard's Google news channel

One of the meetings on Friday was held with a delegation led by IFC's Regional Vice-President Snezana Stoiljkovic, and another one with Deputy Governor of Japan Bank for International Cooperation Nobumitsu Hayashi. 

The meetings are part of the annual meeting of the World Bank and the International Monetary Fund in the US capital. 

Kamal said the interest rate of IFC loans would be less than 10 percent.

He said the United States Agency for International Development has expressed interest in assisting the Bangladesh government to increase its income tax collection capacity.

"The Japan Bank for International Cooperation and the World Bank have also expressed keen interest in investing in Bangladesh," the minister added.

On road safety, the minister said the government has taken several steps in this regard such as the Road Safety Act. 

"The Road Safety Act has been passed. Moreover, roads are being upgraded to four lanes and six lanes, and service lanes are being set up for local vehicles alongside those roads. Restrooms are also being built for drivers," Kamal said. 
 

Top News

Finance Minister / IFC investment

Comments

While most comments will be posted if they are on-topic and not abusive, moderation decisions are subjective. Published comments are readers’ own views and The Business Standard does not endorse any of the readers’ comments.

Top Stories

  • Infographics: TBS
    Inflated rents, ghost floors, Tk220cr advance: How Premier Bank funds lined Iqbal family’s pocket
  • On 21 July, a Bangladesh Air Force (BAF) F-7 BGI training fighter jet crashed into Milestone School and College in Uttara, killing at least 31. Photo: Mehedi Hasan
    Milestone tragedy: Death toll rises to 32 as another child dies
  • File photo of a new NBR office in Agargaon, Dhaka. Photo: UNB
    NBR chief directs customs officials to clear consignments within a day

MOST VIEWED

  •  ABM Khairul Haque. File Photo: Collected
    Former chief justice Khairul Haque detained
  • File photo of Bangladesh Bank. Photo: TBS
    Governor Mansur orders withdrawal of BB dress code after directive draws criticism
  • Hasina and Taposh in an event in 2020. Photo: Collected
    Al Jazeera investigation: Hasina, in call with Taposh, talks using helicopter to shoot, crush protesters in July uprising
  • Representational image. File photo: TBS
    Govt okays proposed tariff structure for Chattogram Port, rates to rise by up to 440%
  • Representational image. Photo: Collected
    Tariff talks: Bangladesh, US set for crucial virtual meeting on 29 July
  • Mehreen Ahmed speaking to media on 11 July 2025. Photo: Collected
    Court disposes of Dhaka girl's case against parents seeking 'protection from abuse'

Related News

  • PM Hasina attends post-budget dinner hosted by finance minister
  • Finance Minister places Tk7.97 lakh crore budget for FY25
  • Finance Minister says army can take action against former chief Aziz Ahmed
  • ADB's climate financing should be concessional: Finance minister
  • FinMin seeks ADB support for trade policy, logistics, climate reforms

Features

Illustration: TBS

The future of medicine: How innovations will catalyse quantum leaps in healthcare by 2055

15h | The Big Picture
Photo: Collected

24 July: More than 1400 arrested, 3 missing coordinators found

1d | Panorama
Photo: Mehedi Hasan/TBS

Aggrieved nation left with questions as citizens rally to help at burn institute

2d | Panorama
Photo: Mehedi Hasan/TBS

Mourning turns into outrage as Milestone students seek truth and justice

2d | Panorama

More Videos from TBS

All Previous Records Broken in Dinajpur, Rice Prices Are Rising

All Previous Records Broken in Dinajpur, Rice Prices Are Rising

40m | TBS Stories
There are many more examples of trials of Chief Justices in the world.

There are many more examples of trials of Chief Justices in the world.

13h | TBS Today
Why is there a massive conflict between Thailand and Cambodia?

Why is there a massive conflict between Thailand and Cambodia?

14h | TBS News Updates
Former Chief Justice ABM Khairul Haque in prison

Former Chief Justice ABM Khairul Haque in prison

14h | TBS Today
EMAIL US
contact@tbsnews.net
FOLLOW US
WHATSAPP
+880 1847416158
The Business Standard
  • About Us
  • Contact us
  • Sitemap
  • Advertisement
  • Privacy Policy
  • Comment Policy
Copyright © 2025
The Business Standard All rights reserved
Technical Partner: RSI Lab

Contact Us

The Business Standard

Main Office -4/A, Eskaton Garden, Dhaka- 1000

Phone: +8801847 416158 - 59

Send Opinion articles to - oped.tbs@gmail.com

For advertisement- sales@tbsnews.net