Photo-Collected.
Dhaka //

Planning Advisor Dr. Wahiduddin Mahmud said that although people’s money is in the bank, the bank’s money has gone out. He mentioned that the money of big companies is on the balance sheet, but in reality there is no money inside the country.

He said this at a conference organized by the Bangladesh Institute of Development Studies (BIDS) at a hotel in the capital on Saturday (December 7) morning.

World Bank Chief Economist Indermit S. Gill said at the event that to get out of the middle-income trap, attention should be paid to investment and job creation. He said that special attention should be paid to creating entrepreneurs and increasing the use of technology. For this, the World Bank also suggests increasing investment in human resource development.

The Planning Advisor also said that to attract foreign investment, we should be strategic in expanding bilateral and regional trade.

Speakers at the seminar suggested increasing the value addition of services and manufactured goods. It also recommends developing short, medium and long-term plans to address the challenges of uninterrupted energy supply in the future.