Dhaka, Jan. 20 -- Senior BNP leader Amir Khosru Mahmud Chowdhury has said Bangladesh's economy is "over regulated" and must move towards liberalisation to restore investor confidence.

Speaking at a seminar in a Banani hotel on Tuesday, the BNP Standing Committee member argued that excessive control by regulators has distorted policy and weakened the capital market.

"Bangladesh is currently economically over regulated. We must walk the path of deregulation and liberalisation. Too much control cannot continue," Khosru, a former commerce minister, said.

He noted that citizens are preparing for the Feb 12 election, which he described as a rare chance in nearly two decades for voters to form a government accountable to the people.

Khosru s...