Finance advisor suggests investing government staff pension funds in stock market

Finance Advisor Salehuddin Ahmed has called for investing government employees’ pension funds in the stock market. Speaking at a seminar on Monday, he said: “Large projects and new financing usually require risk sharing. What is risk sharing? You have to buy bonds, you have to buy equity. “But in Bangladesh, we go to banks, take loans from there, and finance from there. That is what usually happens. From that perspective, as the governor pointed out, we must bring pensions into the stock market.” However, he also highlighted the risks of investing pension funds in the market. “Pension funds are considered public funds. The government has obligations here. It is not like private funds,” he said, adding that the government must...