[vinnomot] Bangladesh needs a policy with Carrot and Stick and a reconciliation plan can work for Bangladesh

All,

Bangladesh needs a policy with carrot and stick which will help us unite for a greater benefit for Bangladesh and its future generation.  Bangladesh has more than 30% underground economy which I mean that Govt has no trace of that money how it was earned, and VAT was not collected from that money generation.  By sweeping like current corruption drive in Bangladesh helps to clean it but we may not able to clean in 100%.  So we need institutional changes which CTG is working since they took power. 

 

I believe that this noble effort is appreciable but we do not want to sweep too much so that the floor does not come out.  And that's exactly what happened in Bangladesh,  all the syndicates or underground business groups have stopped their export/import activities and create a vacuum in the Bangladesh economy which causing further economical down turn and general people are paying the high price for the essential items in addition to increasing the world material price index and dollar decline. 

 

So I believe that we need a policy where they can come in clean with paying back to Bangladesh Govt for their illegal money or unpaid VAT and keep a system so they never can think about making illegal money in Bangladesh.  I have submitted a reconciliation plan for Bangladesh that has been submitted to CTG in July 2007 and I believe that we can take good stuff from that proposal and modify as deemed necessary to move this country forward. I was also told that CTG is working with part of this proposal but I am worried that any delay of implementation of this reconciliation proposal will hamper Bangladesh if we can not reconcile all our divisions and not working together for bigger picture which is economy, creating more jobs and development in Bangladesh.

I was told that public are loosing hope in term of economy, in term of local and foreign investments, and sky rocketing price of essential items in Bangladesh.

I think that we should talk about this plan or find a better plan which will unite the country by keeping the current corruption drive in place.

 

I will urge CTG to provide carrot and stick in same times and reconcile with people who wants to avoid jail term for their crime.

 

Any better plan should be appreciated if we can find common ground to unite all and help Bangladesh to move forward.

 

 

Regards,

M. M. Chowdhury (Mithu), Chemical Engineer, USA
President & Founder, Amreteck LLC, USA
Website: www.amreteck.com
Email: Mchowdhury@amreteck.com

Director of Operation, Change Bangladesh Organization, USA
(Portfolio: Foreign Investment, Economic Opportunity & Job Creation)

Website: www.changeBangladesh.com

Email: Info@changeBangladesh.com __._,_.___

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