Home   |  Business Directory  |   Web Solutions  |   Business News   | Trade & Investment |  Important Numbers |  Travel Bangladesh


 
:: Economy facing 14 problems: BUP ~
 
The non-government research organisation, Bangladesh Unnayan Parishad (BUP), identified 14 problems in the Bangladesh's economy.

The problems were presented at a post budget discussion yesterday at Jatiya Press Club.

The problems include massive poverty and corruption, discrimination in the society, terrorism in the name of Islam, lack of confidence in Jatiya Sangsad and election commission, population boom, lingering fuel and water crises, devaluation of local currency, rise in inflation and absence of participatory democracy, food security and social safety net.

BUP Chairman Dr Quazi Kholiquzzaman Ahmad chaired the discussion. BUP Executive Director Dr Ahsan Uddin Ahmed, Director Saleh Ahmed and banker M Taher Uddin also participated in the discussion.

The speakers said though these problems are hindering the progress of the national economy, there was no reflection of those in the budget placed before the parliament.

Even those are not reflected in the policy guidelines of the government's development programme, they pointed out.


They observed that the problems must be resolved in the interest of economic growth.


"There are three major risk factors in the economy which include rising fuel price, decline in foreign currency reserve and price hike of essential items, " Kholiquzzaman said, making an observation that fuel crisis cannot be solved only through increase in the price of kerosene.


Kholiquzzaman said, "We cannot say that there was no progress in the last three decades but the country cannot achieve the desired goal ignoring the above problems. Those are the basic problems and the budget should have some directions to solve those immediately."

He also called upon the government to bring reforms on the basis of reality, saying "We are going to opposite direction and the country is heading towards a conflicting situation".


Source :
 

:: Business News ~ - - - - - -
Economy facing 14 problems: BUP
Cops club agitating workers at DEPZ
SoE losses to take toll on economy
Poor credit supply, rising costs of bldg materials to stymie property growt
High Court suspends Desco share trading
Delhi keen to help Dhaka develop Mongla Port
BB worried over sliding Oriental Bank health
Desco makes debut on both bourses today
 

News Archive - Pages: 2 3 4 5 6 7 8 9 10 11 12 >> More
 
News Search
 


 

About us   |   Advertise with us   |   Contact us   |   Site map


- Strategic Alliances : www.discoverybangladesh.com
Copyright © www.bizbangladesh.com