Finance News

Customers have withdrawn 50 thousand crore rupees in panic: Chief Secretary

Chief Secretary of the Prime Minister’s Office Ahmad Kaykaus said that the customers have withdrawn 50 thousand crores from the bank at this time. He said that there is no money in the bank. So common customers have withdrawn 50 thousand crores from the bank out of fear. Bangladesh Bank did not stop anyone.

The bank was able to pay everyone. Now those customers are starting to put money in the bank again. One group is spreading panic about the macro economy. He said these things in his speech as an invited guest at the closing session of the three-day annual development conference of Bangladesh Institute of Development Research (BIDS) on Saturday evening. The conference was held at the Lakeshore Hotel in Gulshan of the capital.

Referring to the IMF, he said that the bank gives loans by calling good customers. A regular delegation of IMF visited Bangladesh a few months ago. Then they offered to give loans to Bangladesh. Since there is an instability with the dollar, Bangladesh has agreed to take an IMF loan.

In the same event, business leader and president of Bangladesh Chamber of Industries (BCI) Anwar Ul Alam Chowdhury said that people are afraid to keep money in banks. Because the bank is asking for income tax certificate. Because of these reasons there is no money in the bank. People keep money under their pillows.

Prime Minister’s economic advisor Mosiur Rahman, electricity, energy and mineral resources advisor Taufiq-e-Ilahi Chowdhury, private industry and investment advisor Salman F Rahman were guests in the closing ceremony conducted by BIDS director general Binayan Sen. Tapan Kanti Ghosh, Senior Secretary of the Ministry of Commerce, Planning Secretary Md. Mamun Al Rashid, Economic Relations Department (ERD) Secretary Sharifa Khan, former Governor Atiur Rahman, private research organization Center for Policy Dialogue (CPD) Special Fellows Debpriya Bhattacharya and Mostafizur Rahman, Policy Research Institute (PRI) Chairman Zayedi Sattar, Vice Chairman Sadiq Ahmed, president of FBCCI, the top organization of businessmen. Jasim Uddin, Executive Director of BRAC Institute of Governance and Development (BIGD) Imran Mateen, former Vice-Chancellor of Bangladesh Agricultural University Abdus Sattar Mandal, economist MM Akash and others.