DSE terms the budget business-friendly
The initiatives include the development of the share market, strengthening the bond market, reducing dependency on banks for industrialization and the opportunity to invest black money in capital markets.
Dhaka Stock Exchange (DSE) thinks the proposed national budget for fiscal year 2020-2021 is business-friendly and in favour of ordinary investors.
The stock exchange has expressed its gratitude to Finance Minister AHM Mustafa Kamal for this reason, says a DSE press release.
Several positive initiatives have been taken in the budget, which reflects the investors' expectations, the press release says.
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The initiatives include the development of the share market, strengthening the bond market, reducing dependency on banks for industrialization and the opportunity to invest black money in capital markets.
The stock markets of the country are good sources of funds for long-term investment, says the press release.
