The economist spoke at a book unveiling event on financial journalism
Say political, legal analysts, and civil society leaders
He, however, questioned why the government's reform process has not progressed
Bhattacharya calls for incentives to boost cashless economy
Economist Debapriya Bhattacharya yesterday said the time has come for the interim government to announce its exit strategy, clearly outlining what it hopes to achieve before leaving office and what it will leave behind for the next administration.
'The tariff move aims to cut imports, boost domestic investment, and create jobs. But Trump's assumption is unscientific and unsustainable'
“If there is no stability in the economy, no other reform will be sustainable,” he said.
Bangladesh has a strategic opportunity to strengthen its position in the US apparel market as major competitor countries face higher tariffs and growing risks, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).
Investors do not feel confident because they are not sure if the policies taken by the interim government will be in place for long, said Debapriya Bhattacharya, head of the white paper panel on economy, yesterday.
“If there is no stability in the economy, no other reform will be sustainable,” he said.
Bangladesh has a strategic opportunity to strengthen its position in the US apparel market as major competitor countries face higher tariffs and growing risks, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).
Investors do not feel confident because they are not sure if the policies taken by the interim government will be in place for long, said Debapriya Bhattacharya, head of the white paper panel on economy, yesterday.
Debapriya Bhattacharya strongly criticised the interim government for increasing VAT "inconsiderately".
Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD) and convenor of the Citizen’s Platform for SDGs Bangladesh, has been reappointed to the Committee for Development Policy (CDP) for a three-year term with effect from January 1 next year.
The interim government must devise a two-year mid-term plan on how to steer the economy in addition to an assessment of the past months and a short-term plan for the upcoming six months, said Debapriya Bhattacharya, the chair of the white paper committee.
Says, turned Bangladesh from crony capitalism to kleptocracy
Politicians aided by loyal bureaucrats were behind irregularities in development projects taken and implemented when the Awami League was in power, secretaries and other officials told a whitepaper panel.
The authoritarian political practices by the previous Awami League government gave rise to crony capitalism and the cronies later started to control the politics to dictate the terms of the economy, said Debapriya Bhattacharya, chief of the panel to prepare a white paper on the state of the economy.
The previous government’s economic data were based on weak foundations, reflecting a sense of helplessness by officials of that time, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue.
