TBS roundtable: Prominent businessmen want long-term crisis management framework for energy security
Bangladesh is still performing better compared to many other economies, but the next few months will be very crucial as deepening energy insecurity and growing instability in the financial sector amid the ongoing liquidity crunch may thwart the success businesses achieved over the years, prominent entrepreneurs have said.
At a roundtable discussion organised by The Business Standard marking its third anniversary at its office on Saturday, they urged the government to formulate a long-term crisis management framework for energy security and leave the exchange rates and interest rates to the markets and engage private sector stakeholders in policy-making to avert shocks of a looming global recession and sustain economic growth.
They also asked the authorities concerned to ensure exemplary punishment for the habitual loan defaulters to establish discipline in the banking sector.
TBS Editor Inam Ahmed moderated the discussion.
Watch the video for the full discussion.