HomeGlobal EconomyBangladesh will lose $ 1 billion a year in the export sector...

Bangladesh will lose $ 1 billion a year in the export sector if the LDC is passed.


Bangladesh is still not ready to face the challenges of passing from Qatar of LDC or underdeveloped countries. Executive Director of the Private Research Agency Center for Policy Dialogue (CPD) said that the export sector of the country could have a loss of 3 billion a year after the next year. Fahmida Khatun.

He expressed this fear at the Shadow Parliament Debate on Saturday at the FDC auditorium in the capital to address the challenges of LDC Graduation. He was the chief guest at the event organized by the Debate for Democracy.

Dr. Fahmida Khatun said Bangladesh is not yet ready to face the challenges of LDC graduation. Due to lack of tariff facilities at the time of graduation, Bangladesh's export sector can cause 3 billion losses a year.

CPD executive director said that development cooperation in climate financing will also be reduced, “After LDC graduation, Bangladesh will have to borrow at commercial rate, which will be difficult to repay and repay the loan.”

Economist Fahmida added, “The economic information provided during the last government was Gojamila -based and political motives. Bangladesh was one of the leading countries on how to use economic data for political purposes. They used the data through the Bangladesh Statistics Bureau (BBS) directive. '

After the fall of Sheikh Hasina's government on August 7 last year in the mass uprising, the government said that all information about Bangladesh's development, including GDP growth during the Sheikh Hasina government, was fake. These statistics have been shown to be swollen for political purposes.

The World Economic Forum Conference in Davos, Switzerland last January. Yunus said, “Sheikh Hasina used to say that Bangladesh's growth has surpassed everyone. It's fake growth, completely fake. ' However, Yunus did not explain why he said fake.

Dr. dismisses the narrative of the development of power. The government of Yunus. Anisuzzaman Chowdhury, the new Special Assistant to the Executive Chief Advisor of the Ministry of Finance, said the interim government is working to further withdraw from the LDC to become a developing country of Bangladesh.

However, for unknown reasons, two days ago, he came out of that thought. The Advisory Council of the interim government of Bangladesh under the leadership of Muhammad Yunus. It was decided to prepare for the challenges on the path of becoming a developing country in Bangladesh on November 27, 2012.

On that day, the chief adviser Press Secretary Shafiqul Alam said, “The Advisory Council has decided that Bangladesh will be passed from the LDC in 2021. The chief adviser has directed to prepare for the challenges that will come for this. It will also increase the dignity of Bangladesh. '

Emphasizing on ensuring good governance and accountability in the management of foreign loans, the executive director of the CPD said that the loan money has been wasted, looted and looted in the last five years. With no realistic plans for repaying the loan, this loan is now burdened.

“There is always a doubt about China's debt,” he said. Although compliance is clear in the loan of other countries, it is not in the case of China. In no way can our debt trap. '

Hassan Ahmed Chowdhury Kiran, chairman of Debate for Democracy, presided over the Shadow Parliament organized by the challenge of LDC Graduation.

He said, “Even if the interim government decides to make the necessary preparations for LDC graduation, the question is whether we are going to pass through the development of the Awami government on the basis of the false information of the Awami government.” The economic development of the past government was shown to swallow. The false, false and exaggerated information of development was heard. In the past, the country's reserves, GDPs, exports, poverty alleviation, food production, child marriage and even the actual population were also lied to in the past. '

Kiran added, “The BBS used to provide information statistics as the government wanted. The situation was so bad that former finance minister Abul Maal Abdul Muhith called the Bangladesh Bureau of Statistics information as Bogas at a event. '

Shaheed Suhrawardy Medical College won by defeating Noakhali Science and Technology University in the Shadow Parliament Debate.

Professor Abu Muhammad Rice, Dr. Sheikh Mohammad Zobaid Hossain, Dr. SM Morshed, including several others, was judges in the competition. At the end, the participating team was given trophies, crests and certificates.



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