Staff Correspondent:

If the profit on savings certificates is increased, no one will keep money in banks, said the interim government’s Financial Advisor Dr. Salehuddin Ahmed.

He said, “If the profit rate on savings certificates is increased, everyone will buy savings certificates and won’t keep money in banks. There is also a liquidity issue in banks. We need to balance them. Where will the bank get money from if it sells savings certificates?

He said this thing in response to questions from journalists after exchanging views with government officials at the Nabinagar Upazila Parishad auditorium in Brahmanbaria on Saturday afternoon.

The Financial Advisor said, “Bangladesh Bank is trying to rehabilitate bad banks; Islami Bank is an example. Confidence in these banks is returning. The Bank Resolution Act has been enacted for other banks, the first condition of which is that the government is committed to returning the money of those who have deposited money in the bank.”

He said no one’s money will be lost. It may take some time, because many people have left with money. Such an incident has not happened in any country in the world.

Regarding the ongoing unrest in the NBR, the financial advisor said, “Discussions are being held with them to resolve the problems of the National Board of Revenue. We will do whatever needs to be done through discussions. A strong five-member committee has also been formed.”

He said, “To bring in foreign investors, we are ensuring that they do not have to go to 10 to 12 places for business. We are trying to centralize all the types of clearances available.”

At that time, Brahmanbaria deputy commissioner Mohammad Didarul Alam, Nabinagar upazila nirbahi officer Rajib Chowdhury, Nabinagar circle additional superintendent of Police Pias Basak and others were present with the advisor.