In the last 15 and a half years, the deposed dictator Sheikh Hasina government has blown the lantern of development with false economic data and statistics. The country has become Singapore, an emerging tiger of South Asia, role model of development in the world etc. Under the cover of these, millions of monies have been smuggled out of the country through looting and corruption. The entire economy has been pushed to the brink. Now the real facts are coming out and it has exposed the skeleton of the economy that silenced the development lanterns of the autocracy. Dictator Sheikh Hasina herself and her family members have stolen Tk 60 thousand crores Taka ($5 billion) from a Rooppur nuclear power plant, according to newspaper reports. More such corruption information may gradually come to light. Already, the unimaginable information about the corruption of the ministers and MPs of the autocratic government and the increase in huge wealth has started to be published in the newspapers and magazines. Where dictator Sheikh Hasina has brought the country’s economy is beyond imagination. It is known from the lead news published in Daily Prothom Alo yesterday that the Awami League government that lost power has taken countless loans for more than 15 years. Analyzing the domestic and foreign debt data obtained from the finance department of the finance ministry, it has been found that at the time of resignation, Sheikh Hasina’s government left the country with a debt of $156 billion. In 2008, Sheikh Hasina came back to power and Bangladesh’s debt was only $33.66 billion. Her departure on August 5th, amidst an unparalleled student-led rebellion, left the nation saddled with $156 billion in domestic and international debt. As of June 30, when converted to local currency, the nation’s overall debt was above Tk 18.35 lakh crore, according to figures from the finance ministry. Among these were $88 billion, or more than Tk 10.35 lakh crore, derived from domestic sources, with external debt accounting for the remainder $68.33 billion, or about Tk 8 lakh crore. The autocratic Sheikh Hasina government was exploiting the Bangladesh economy by corruption and she was unable to understand the fact that the country’s economy is in peril.
The onus is on the interim government to pay off the debts left by dictator Sheikh Hasina and lift the economy from the bottom. Recovery of the economy has now become a major challenge for this government. From the beginning of the formation of the government, we have been saying that the government should start working quickly to rebuild the economy. To bring relief in the difficult life of the common man. No matter how good the government is, if it fails to restore and accelerate the economy, it will quickly lose people’s confidence. This includes various conspiracies and conspiracies to destabilize the government. Observers believe that the government may be in trouble due to the economy on the brink and the machinations of the fallen autocrat Sheikh Hasina and her cronies. Already, various groups seeking opportunities have taken to the streets with various demands. Observers believe that this is part of a conspiracy by the fallen government and a plot to destabilize the interim government. The term of the interim government is not yet two weeks old. It is impossible to fix everything or change overnight in this short time. The government is working continuously. All those who are working as advisors in important government ministries are skilled and experienced. Repairing the fragile economy will take time and they must give it time. People of all professions including political parties should cooperate. Common people should cooperate with the government by regularly paying the income tax of the taxable persons including outstanding gas, electricity, water bills. Expatriates should send more remittances to the country legally. Already the remittance flow has started increasing. Remittances have grown exponentially since the fall of dictator Sheikh Hasina on August 5. Already, more than 13 thousand 374 crores of remittances have come through legal channels, which is more than before August 5. Dr. The influential countries and international organizations of the world, including the United Nations, have given support to the government of Muhammad Yunus, as well as assured their overall cooperation. The government should take action to implement these assurances. Since the globally chief advisor Muhammad Yunus has wide acceptance and respect, it is necessary to take advantage of his image to get economic cooperation as soon as possible. The international community must urge the repatriation of the Rohingyas, who are putting pressure on the country’s economy. Planning Advisor Wahiduddin Mahmud said in a discussion meeting with Planning Commission officials last Monday that the projects taken by the previous government for political purposes will be re-evaluated and trimmed. Annual development programs will be cut by cutting spending. The huge amount of money that donor agencies have in the pipeline will be used to prevent wastage. He said that increasing employment will be given more importance than increasing GDP. His starting plan is very positive. This political plan of his can be said to be the initial step in restructuring the economy. Time is needed to implement the plan. There is no alternative to giving that time to get the economy fully operational. Many of the oligarchic business class syndicates that formed around the deposed dictator Sheikh Hasina are now on the run. But their vast industrial establishments remain. It is essential to sustain these industries. Millions of people are working in these establishments. It is playing a role in the production sector of the country. These industries cannot be shut down because of the crimes of their leaders. Just as the criminal prosecution of the leaders will and will be done according to the law, the institutions must be allowed to function as institutions. It would not be appropriate for the individual to harm the institution. During the previous autocratic regime, the implementation of the ADP was on a downward trend every year. The project was not implemented on time due to corruption. In this regard, the relevant ministries of the government should take effective plans and steps and implement them properly.
The interim government has to start a comprehensive economic campaign to overcome the deplorable state that the dictatorial Sheikh Hasina government has left the country’s economy through looting, money laundering and internal corruption. Just as corruption has to be eradicated, the bottom economy has to be brought up. For this, employment opportunities must be created in the public and private sectors. Unnecessary or less important projects should be shelved. Strict measures should be taken to prevent wastage in all cases. To create young entrepreneurs and motivate existing entrepreneurs. Due to the economic crisis, the industries including garments, which have been closed, should be opened. The prices of daily necessities should be brought within the reach of common people by controlling inflation. To strengthen the country’s economy and improve the quality of life of the common people, all sectors of the economy should be stimulated and stimulated.