US envoy lauds Bangladesh's 'great macroeconomic story'

Bangladesh has a great macroeconomic story to tell, said United States (US) Ambassador in Dhaka Peter Haas, adding that Washington wants to help Dhaka in welcoming as much as possible foreign investment.

“Many US and international businesses want to expand in the region... and we want to help Bangladesh create a business climate that is as welcoming as possible to foreign investment,” he said. 

He, said a press release, was addressing the Annual General Meeting of International Business Forum of Bangladesh (IBFB) as the chief guest in Dhaka on Tuesday.

Bangladesh’s financial leaders have so far managed its debt well and are taking important steps to deal with the inflationary pressures resulting from “Russia’s unprovoked invasion of Ukraine”, Haas said. 

“So far, the macroeconomic situation seems manageable,” he added.