Dhaka, Bangladesh (BBN) – A SAARCFINANCE seminar is scheduled to be held in the capital Dhaka on Tuesday aiming to strengthen cooperation further among its member central banks, officials said.
The day-long SAARCFINANCE Seminar on ‘Management of External Sector Openness – South Asian Country Experiences’ is being organized by the Bangladesh Bank (BB) at the Winter Garden, Ruposhi Bangla Hotel in Dhaka on Tuesday morning.
Dr. Atiur Rahman, Governor of Bangladesh Bank, will be present as Chief Guest in the inaugural session of the seminar. Dr. A.B.M Mirza Azizul Islam, former advisor, Ministry of Finance and Planning, Government of the People’s Republic of Bangladesh will deliver the keynote speech in the inaugural session of the seminar.
Delegates from the central banks of SAARC countries and high officials from the BB, different ministries, other national & international institutions related to the theme of the seminar and heads of all scheduled banks will participate in the seminar.
This seminar will take stock of the extent of openness or exposure of South Asian economies to capital inflows and outflows, the instability risks from volatility of these flows, and explore feasible macroeconomic and financial sector policy options for managing the risks towards sustaining investment and growth momentum and bolstering safeguards against instability in the SAARC Countries.
The SAARCFINANCE was formed in October 1998 as a network of central bank governors and finance secretaries of the SAARC region that groups Bangladesh, Bhutan, India, Maldives, Nepal, Pakistan, Afghanistan and Sri Lanka.
It is now working to promote cooperation and research, training and exchange of ideas and information on economic and financial issues among its member countries.
BBN/SSR/AD-28Apr14-8:36 pm (BST)
