White Paper on economy to be submitted to CA Yunus today
The White Paper on economy will be submitted to Chief Adviser Prof Muhammad Yunus at around 12pm today (1 December), said sources in the paper preparation committee.
Earlier, Debapriya Bhattacharya, head of the committee, said the White Paper on Bangladesh economy will recommend measures for the government to boost the confidence of foreign investors and lenders, encouraging them to continue their activities here.
Debapriya had said the final White Paper document will be submitted to Yunus on Sunday (1 December), and the findings will be made public through a press conference the next day (2 December).
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Meanwhile, another source in the White Paper committee told The Business Standard yesterday (30 November) that of the $60 billion invested in the Annual Development Programme and other development projectsv over the past 15 years of the now-ousted Awami League regime, $14-$24 billion (equivalent to around Tk1.61-Tk2.8 lakh crore) has been lost to political extortion, bribery and inflated budgets.
The report titled "White Paper on the State of Bangladesh Economy" will feature 22 chapters covering topics such as, inflation, GDP growth, the banking sector, external balance, power and energy, the quality of statistics, government debt, revenue, expenditure, mega projects, poverty and inequality, etc.
The committee, formed on 28 August, was given three months to prepare the report, which aims to provide a clearer picture of the economy plagued by years of mismanagement and distorted data.
