The government will push forward the process of offloading public sector shares and take fresh initiative to bring profit-making firms like telecom and power companies into the stock market. The finance advisor to the interim caretaker government, AB Mirza Azizul Islam, is quoted to have said, ‘We will go ahead with the existing policy decision to offload government shares in enterprises on the stock market.’

Mirza said this on Wednesday when a delegation of Dhaka Stock Exchange met him at his office. He said the government would encourage entrepreneurs to float shares for raising capital amounting to Tk 50 crore and above.

Mirza Aziz, a former chairman of the capital market watchdog, Securities and Exchange Commission, observed that the market became buoyant in recent times because of the increasing market capitalisation and as a result of reforms that were carried out in recent years.