Qatar to invest US$ 1.8bn in BB: Atiur
Doha: Qatar, which makes huge investment abroad, has agreed to deposit US$1.8 billion in the Bangladesh Bank, Governor Dr Atiur Rahman said here on Monday.
“I had a meeting with acting governor of Qatar central bank…we discussed the matter in details. A memorandum of understanding (MoU) will soon be signed in this regard,” Atiur told UNB in Doha after a meeting with Sheikh Fahad Faisal Al-Thani.
The meeting was held at 10 am (local time) at the central bank office of Qatar in Doha.
Dr Atiur said a technical team of Bangladesh Bank will visit Qatar in January to finalise the terms and conditions in this regard.
He said if Qatar deposits the money with the Bangladesh Bank, its reserve will increase and it will have a positive impact on the balance of payments.
An official at the central bank here said the BB will share profits with the Gulf nation from investing the fund abroad if things get finalised.
The BB official said the central bank makes a handsome amount of profit every year from the investments it makes abroad.
News: The Daily Sun/Bangladesh/4th-Dec-12
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