New taxman wants new strategies to pay default money
As the defaulting loan rate crossed the two-digit level, in response to the assumption of the authority of the finance minister, he asked for a new strategy to get rid of this. AHM Mustafa Kemal
After taking oath as Prime Minister of the new government on Monday, he went to the ministry and held a meeting with the concerned people.
After the last five years, Mustafa Kemal, who came to the Planning Ministry, took the new responsibility and came to the Ministry soon afterwards to present the floral greetings to the Chiefs of Managing Directors and the heads of various financial institutions.
The defaulting loan is seen as a big problem in Bangladesh's banking sector. They have expressed concern because the defaulting loan rates crossed the two-digit level.
Abul Maal Abdul Muhith, who served as the Finance Minister for the last 10 years, also acknowledged defaulting loan as a problem of bank sector.
According to the information provided by the outgoing parliament, the number of loan defaulters in Bangladesh till June 2, 30 thousand 658 people; To them, the amount of unpaid amount of money is 1, 31, 666 crore.
Mustafa Kemal, in his first meeting as a finance minister, urged to take out new strategies to recover the loan, saying, 'We will not combine good and bad together. I will not send anyone to jail, I will not stop. '
'The spread (interest rate and interest rate calculation) is higher if the deposit does not come back. As low as possible, you can borrow a loan at a lower rate, "he told the bankers.
Mustafa Kamal said, "The non-performing loan is being talked about, it has been running for a long time, it is 13 percent. It has to be reduced to 7 to 8 percent. '
'To get down will be a lot harder. The relatives will not recognize, who gives and does not give them one place. We will arrange for incentives if necessary. '
During the loan, the minister gave an order to verify the complaint.
'If the check is done by the loan, it will be done well. It is sometimes seen that after signing the contract, it does not get as Chazar. To see these, professional fees will be appointed. Then those loners will not be able to take a loan.
'Another framework will be to make people's confidence, to convince people that they will get business with money.'
'Invest in' in the market, trained investors
The new finance minister said about his own share of capital market.
He said, "The capital market will not come here for a day or two, without greed. For the long term, they have to be considered, trained investors will have to come. '
"After the election, the reflection of the belief was seen in the capital market," he said.
After the formation of the government in 2009, Awami League took several steps to stabilize the capital market, but many investors disappointed by the prospect of not meeting the expectations of the market.
Mustafa Kamal said, 'Those who have taken money from this country will be given the opportunity to bring them back to the country so that they can get the maximum.'
He insisted on expanding bond makert further.
'To find new fields of revenue'
The new finance minister Mustafa Kamal has urged the government to look into new areas of revenue collection as well as increase revenue.
Speaking to the NBR Chairman Mosharraf Hossain Bhuiyan, he said, "Now, there will be revenue of about three lakh crore taka."
There will be an eye on new revenue collection and cash registers will be removed in the shops. Besides, a scanner should be installed in the ports. '
NBR Chairman said, "There are targets for collecting revenue of 2 lakh 96 thousand crore, I can pay two lakh 50 thousand crore."
Mustafa Kamal said, 'The general people want to pay revenue, so that our people can take care of it. A win-win situation has to be created. '
After knowing that there are 35,000 people in NBR, the minister said, "The manpower will be increased and necessary for more revenue offices in every upazila."
Secretary of the department of the organization department. Asadul Islam, and Secretary Abdur Rauf Talukder also were also.
The new authority said, 'You are all experienced here. You have to go further with your experience. The trend of progress of the policy should be maintained.
'Now 10 years ago I was shocked about the economy. We've done a lot of fun. The speed that we have dreamed to continue, we must continue this speed by 2041, and become a better world.
