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Friday, February 23, 2024

No worries about Bangladesh reserves, says PM


Bangladesh Prime Minister Sheikh Hasina has said that the issue of reserves has entered everyone’s mind as we frequently talk about it. There is no shortage of reserves in the country. There are no worries about reserves.

She said this while replying to questions from the reporters after a press conference held at official residence Ganabhaban on Monday (May 15) afternoon. The press conference was organized over her recently concluded Japan, United States and United Kingdom visit.

The Prime Minister said our concern is that we should have enough dollars to buy food for three months. But we always try to keep reserves. How many reserves were there before, how much are our reserves now? So, no worries about it. We have land, we will grow our own food. We have no problem with that either.

In reply to another query, the Prime Minister said, I am not afraid of sanctioning those who sanctioned us. There is nothing to be worried over it. We have to be confident. But I have told others including the finance ministry not to buy anything from those who have sanctioned us.

Regarding the ongoing dollar crisis, Prime Minister Sheikh Hasina said, “We are providing electricity at doorsteps. Our investment is increasing, production is also increasing. So, the pressure on the dollar will increase. A few days ago, the coronavirus, followed by the Russia-Ukraine war, resulted in inflation around the world today. Transportation costs have increased. That is why the dollar crisis is now present in the entire world.”

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