Foreign Minister AK Abdul Momen today said his comments were "twisted" as he meant that people of Bangladesh are in a far better situation compared to other countries amid global recession.

"I said we are in a far better situation compared to other countries," he told reporters. "But everyone wrote that I said heaven."

Comparing the situation with other countries, the foreign minister on Friday said people in Bangladesh are leading a happy life and "living in heaven" compared to other countries.

He said a certain group is spreading panic claiming that Bangladesh will face a Sri Lanka-like situation. "This is baseless."

Momen, however, acknowledged that Bangladesh is facing challenges due to global recession.

He claimed Bangladesh has enough dollar reserves and is just maintaining austerity considering future crises.