Govt. to create single window for data: Salehuddin
DHAKA, Dec 21, 2024 (BSS)- Finance Adviser Dr Salehuddin Ahmed today said the government is trying to create a national single window so that businessmen get all information from one place.
Proper policies in the financial and social sectors cannot be formulated without the correct data," he said while unveiling the sixth edition of "Banking Almanac", a book of information on banks and financial institutions of the country at the CIRDAP auditorium here today.
“More problems will be created if we cannot manage information properly. We need to update the information. Measures cannot be taken with data that are 10-15 years old,” the adviser said.
Salehuddin said the Bangladesh Bureau of Statistics (BBS) has been asked to refrain from exaggeration but remain careful about publishing the actual data.
"Now there is no deception while releasing data on share market, baking and financial sectors,” he added.
The adviser said, the interim government had to face many questions from foreign investors due to the data distortion that took place over the last 15 years.
"Though some unintentional mistakes led to wrong presentation of data on inflation and GDP, but policymakers also tried to hide the actual information,” he said.
Salehuddin said the interim government, out of its responsibility, is trying to bring necessary changes and reform the data catastrophe.
He said, “Donor agencies are raising questions regarding the high rates of things, but we are trying to convince them by saying that we are now presenting the correct figures."
Finance Secretary Dr. Md Khairuzzaman Mazumder attended the event as the special guest while acting chairman of the board of editors of Banking Almanac Dr Hossain Zillur Rahman was in the chair.
“The foremost important issue for us is to restore financial discipline to keep the wheels of the macro economy moving forward,” Dr Zillur Rahman said adding that the second important thing is to maintain the data authenticity.