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Tuesday, May 3, 2011

[ALOCHONA] Re: IMF, WB place Bangladesh in Extreme Poverty class of countries

I don't know much about this subject but I do appreciate your comments.

Bangladesh can never truly help itself until BNP and AL are fully reformed and free from the hegemony of the Mujib and Zia families.

The big mistake that all our governments make is that they think infrastructure is our number one problem. Our number one problem is our political leadership.


--- In alochona@yahoogroups.com, S Turkman <turkman@...> wrote:
>
> Please read the news below and ponder. Pakistan was the 3rd largest Aid
> Receiving Country of the world with $ 23.4 billion in the last decade. Why is
> BD, a lot poorer than Pakistan is not getting this kind of Aid?
> .
> Because, ...
> .
> * ... BD does not try hard enough to get Aid for Poverty Reduction Program and
> does not send-in big Infrastructure Building proposals like Pakistan does.
>
> * ... there are a lot of Pakistanis working in World Bank and IMF in executive
> positions, who are acting favorably for Pakistan.
>
> * ... Pakistan has always been politically manipulating and blackmailing USA on
> thing or other.
> .
> Situation in World Bank and IMF is this.
> .
> 1. There are a lot of executives, who are Urdu Speaking from Pakistan and India
> and they are sympathetic with BD but since we hate Urdu Speaking because Beharis
> speak Urdu also, we never even try to talk with them in Washington.
>
> 2. We did not have any competent Urdu Speaking Ambassador or Finance Minister in
> last decade, who could even say, 'Hello' to these Urdu World Bank and IMF
> executives.
>
> 3. Bangladeshis, who have studied Economics in USA, do not try for IMF and World
> Bank Jobs, when Pakistani Executives in World Bank keep importing even their Non
> Economic degree holders and Civil Service Officers from Pakistan for Managerial
> Jobs and they have been getting them posted worldwide at salaries as high as $
> 120,000 a year.
>
> 4. Proof of what I wrote in # 3 is, since I speak Urdu and mingle with those
> Pakistanis, I had been offered jobs $ 120,000 a year jobs by Pakistanis in IMF
> and World Bank myself a few years ago. I could not accept those jobs because I
> have my own business with a lot bigger prospects.
>
> 5. Only elite class of Bangladeshis has been studying English since English was
> banned in BD schools so, chances of people qualifying such jobs have been
> reduced drastically.
>
> .
> Example of how Pakistanis in World Bank helped Pakistan is this.
> .
> * World Bank had stopped granting Loans and Aid to Pakistan because of extreme
> kind of Punjabi Corruption like mis-appropriation of Funds, cost over-run, not
> completing the projects within the approved amounts and getting money for one
> project in Karachi, Sindh and spending that money on another project in Lahore,
> Punjab.
>
> * Gen. Musharraf had permitted Sindh Government to apply for World Bank Aid and
> Loans directly because Central Govt. was banned or kicked out of World Bank.
> Sindh Govt. had picked its Coalition Partner party MQM to do this because it was
> party of Urdu Speaking that control Urban Sindh Votes and knew that World Bank
> executives are Urdu Speaking.
>
> * The MQM leader spearheading the effort was a Dhakka-born former MQM Governor
> of Sindh, Dr. Farooq Sattar Memon, who also speaks Bengali fluently.
>
> * MQM ended up getting one the biggest Loan $ 10 billion for building Water
> Desalination and Sewerage Treatment Plants in its stronghold, the largest city,
> Karachi that Pakistan had ever gotten in her history.
>
> .
> PROPOSAL:
> .
> 1. BD should try to get Bangladeshis hired in World Bank and IMF.
> 2. BD should plan some huge Infrastructure Development Projects to decrease Land
> Erosion, building of Dams for Reduction of Cyclone devastation, Sewerage
> Treatment Plants, Bridge & Road Construction Plans, Railway Plans, Port
> Development Plans etc.
> 3. BD should hire some smart highly educated or Foreign Educated Behari or an
> Urdu Speaking Bangladeshi to negotiate with World Bank and IMF in order to get
> more Aid and Loans.
>
> .
> S U Turkman, Washington.
> .........
> IMF, WB place Bangladesh in Extreme Poverty class of countries
> By Anwar Iqbal | From the Newspaper
> April 16, 2011 (4 days ago)
>
> Hunger and gender parity in secondary schools are the areas where Pakistan
> lagged behind in achieving its development goals.
> A joint report released by the International Monetary Fund and the World Bank
> on
>
> Friday placed both India and Pakistan among lower-middle income countries. The
> IMF Global Monitoring Report 2011 also placed both India and Pakistan in a group
>
> which lagged behind by 10 per cent or less in meeting the millennium development
>
> goals.
>
> Hunger and gender parity in secondary schools are the areas where Pakistan
> lagged behind in achieving its development goals.
> But countries like Bangladesh (extreme poverty, hunger and maternal
> mortality, Indonesia (hunger, child and maternal mortality, access to safe
> drinking water, and Mali (lacking in gender parity in primary education and
> access to safe drinking water are also in this category.
> The IMF's classification of economies by region and income for fiscal 2011 also
> placed Sri Lanka and Bhutan in the lower-middle income category while both
> Afghanistan and Bangladesh were placed in the lower income categories.
> The report also noted that aggregate aid flows to developing countries often
> reflected geopolitical priorities and/or responses to major global events.
> It is therefore not a surprise that Iraq and Afghanistan were the largest aid
> recipients over the last decade, the report noted.
> Pakistan received $23.4 billion of foreign aid in the last decade.
> Iraq topped the list with $68.1 billion followed by Afghanistan with $35.5
> billion.
> The IMF also noted that Pakistan had consistently demonstrated significant
> improvement in school enrolment by reducing user fees. However, few of these
> programmes have been around long enough to determine whether the impact is a
> short-term effect of a novel project or is more lasting, the report said.
> In Pakistan, providing parents with report cards containing information about
> the relative performance of children and schools in villages (including private
> schools) improved student performance in public schools and lower-quality
> private schools and reduced fees at higher quality private schools. Pakistan is
> also placed in a category of nations that took a number of trade-liberalising
> measures in 2010. More than a third of the new measures in these countries,
> however, were tariff reductions. The report pointed out that two-thirds of
> developing countries were on track or close to meeting key targets for tackling
> extreme poverty and hunger. This year's Global Monitoring Report: Improving the
> Odds of Achieving the MDGs delves into country performance and reveals a
> diverse, and often hopeful, picture. For example, among developing countries
> that are falling short on the Millennium Development Goals, half are close to
> becoming on-track. With improved policies and faster growth, these countries can
>
> still achieve the targets in 2015 or soon after.
> According to the report, the fight against poverty is progressing well. Based on
>
> current economic projections, the world remains on track to reduce by half the
> number of people living in extreme poverty.
>


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