BSS
  02 Dec 2024, 17:21

White Paper suggests wholesome, integrated approach in priority areas of reforms

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DHAKA, Dec 02, 2024 (BSS) – The White Paper has suggested undertaking a more wholesome and integrated approach to carry out reforms in six priority areas.

Head of the committee and Distinguished Fellow of the Centre for Policy Dialogue (CPD) Dr Debapriya Bhattacharya revealed the findings of the report at a press conference held at the NEC Conference Room in the city’s Sher-e-Bangla Nagar area today.

 Other committee members were present.

The preceding chapters of the White Paper identify six priority areas: banking sector, energy and power, revenue mobilisation, illicit financial outflow, public expenditure (particularly development projects) and data ecosystem.

In some of these areas, commissions, committees and taskforces have already been constituted to suggest concrete measures to repair the economy and improve economic management.

“However, a more wholesome and integrated approach will be required to effectively address the prevailing deep-rooted challenges,” the report added.

The White Paper highlighted several entrenched structural challenges within Bangladesh’s governance and economic frameworks, necessitating comprehensive reforms that span multiple areas.

Addressing structural bottlenecks across the major sectors of the economy is essential for strengthening Bangladesh’s governance and economic frameworks.

The report said the interim government has already initiated a number of reform agendas.

 This process needs to be strengthened further to sustainably bring the economy out of the mess that it has inherited.