Bangladesh Bank governor Dr Atiur Rahman has stressed the need for sustained expansion of productive capacity in all economic sectors by entrepreneurs utilising investment resources efficiently and innovatively to continue broad-based job creation in developing economies.

“Small enterprises producing goods and services figure importantly in output growth and job creation,” he said while addressing a function at the UN Headquarters, New York.

United Nations Department of Economic and Social Affairs arranged the event tilted ‘Financial Inclusion, Productive Capacity and Youth Employment,’ according to a message received here on Saturday.

Atiur said youth employment has always been a challenge and a key priority in populous low-income developing economies like Bangladesh. “Many advanced Western economies are now facing much the same challenge in lingering growth slowdown since the global financial crisis.”

The Daily Sun/Bangladesh/ 1st July 2012