Committed to PEOPLE'S RIGHT TO KNOW
Vol. 5 Num 330 Tue. May 03, 2005  
   
Letters to Editor


Economic development


The finance minister is on record saying that, " The IMF and the World Bank are telling us to slow down the development and economic growth a little as they fear that there will be over-investment in the country ..."(!). The finance minister should tell the public the names of those particular officials of IMF/World Bank who made such a request to him.

Otherwise, we will be compelled to believe that these have all been told to make things look good as the Elections are nearing.

While he is making it sound like the whole populace is immersed in Economic Development, the people who are in the practical fields find that, they still have to struggle with even the basic infrastructural elements as electricity, water, gas, telephone, road-communications, etc. If the majority being just at subsistence levels is termed as economically developed, then we are living in a fool's paradise!