Country on verge of ruin due to misrule, corruption

Dr Atiur Rahman, chairman of Shamannay, speaks at a seminar on the country's economic situation at the National Press Club in the city yesterday. The Awami League organised the seminar. PHOTO: STAR

Speakers said this at a seminar organised by Awami League titled 'Battered Economy and Unemployment' yesterday.

They said people want to know the amount in the foreign exchange reserve and they want to buy things at cheaper prices.

The government will have to answer as to why the price of rice has shot up to Tk 20.00 a kg from Tk 10.00.

Member of AL advisory council and chairman of the sub-committee on economic affairs Abul Mal Abdul Muhit chaired and presented the keynote paper at the seminar.

AL General Secretary Abdul Jalil MP, presidium member Dr Mohiuddin Khan Alamgir, Bangladesh Economic Association (BEA) President Dr Qazi Kholiquzzaman Ahmed, former vice-chancellor of Jahangirnagar University Prof Abul Bayes, renowned economist and researcher Dr Atiur Rahman, AL leader Nurul Islam Nahid, Dr Abdur Razzak MP, Prof Ali Ashraf and former secretary Abdul Mobin took part in the discussion.

Jalil said it is not the development of the country that the alliance government is busy with, rather they are busy with their own development, plundering and siphoning off national assets and resources.

Muhit said the economic condition of the country could be well understood if one looks at the unbridled price hike of essentials.

The seminar recommended a 16-point proposal of AL President Sheikh Hasina to overcome the crisis and take up the future programmes of the party.