Wednesday, March 2, 2011

Govt explains diplomats, donors its action today


Finance Minister AMA Muhith will sit today with ambassadors of different countries and representatives of multilateral agencies to make clear the government's stance on Grameen Bank and its founder Prof Muhammad Yunus.
Finance Minister AMA Muhith will sit today with ambassadors of different countries and representatives of multilateral agencies to make clear the government's stance on Grameen Bank and its founder Prof Muhammad Yunus.
On behalf of the minister, Shafiqur Rahman Patwari, secretary of the banking division of the finance ministry, sent invitations to the foreign diplomats and representatives in Dhaka yesterday. The meeting will be held at the finance ministry in the secretariat in the morning.
The government move came on the day the central bank removed Prof Yunus from the post of managing director of Grameen Bank as his retirement age has already passed.
Bangladesh Bank as a banking regulator sent a letter to the ministry directing Prof Yunus to hand over his charge, said a finance ministry official.

As different countries and multilateral organisations are interested in Grameen Bank and Prof Yunus, the representatives during the meeting will be raising questions about the recent development, the letter said.
"The minister will answer those questions and make clear the government's stance on the issue," a senior official told The Daily Star.
Representatives of the UK, the USA, European Union, Norway, Sweden, China, India, Malaysia, Singapore, World Bank, International Monetary Fund and Asian Development Bank, among others, have been invited to the meeting.
On Monday, US Ambassador James F Moriarty met Muhith, urging the government to treat Yunus with respect.

News Source: 
 The Daily Star

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