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Thursday, December 8, 2011

[ALOCHONA] Re: Our economy better than many: PM

This is a common refrain from AL nowadays. You could ask the PM the question directly but she could not answer you properly as to why she says such things. One might ask her then why we still ask those struggling economies for loans and donations :)

--- In alochona@yahoogroups.com, Isha Khan <bdmailer@...> wrote:
>
> Yes, they do say all is well. They are either lying or else they have
> buried their head in the sand like ostriches. They are either lying
> outright or power has distanced themselves from reality. Faruk Khan said to
> eat less. Muhith said to go shopping only once a week. Dilip Barua said one
> can't find beggars in Dhaka to give alms to. How distanced are they from
> reality?
>
> The government is borrowing 122 crore taka every day. This is a huge debt
> burden. The commercial banks are in a pitiful state (
> http://www.probenewsmagazine.com/index.php?index=2&contentId=7554).
> Reserves are at a low. Whichever party comes to power next will have a hard
> time dealing with this debt. Our import costs have gone up. Remittances
> have fallen. Investment has fallen. Domestic savings have gone down. There
> is nothing good happening in the economy. We are headed towards a serious
> economic and political crisis.
>
> — Dr. Piash Karim, Associate Professor, Department of Economics and Social
> Sciences, BRAC University
>
> http://www.probenewsmagazine.com/index.php?index=2&contentId=7543
>
> On Sun, Nov 20, 2011 at 11:18 AM, Isha Khan <bdmailer@...> wrote:
>
> > *Our economy better than many: PM*
> >
> >
> > *http://www.thedailystar.net/newDesign/news-details.php?nid=210843*
> >
> > Prime minister Sheikh Hasina has rebutted opposition claims that the
> > economy is in a tailspin. "I want to tell you that the economic situation
> > has not become critical. We have managed to keep it running. We are better
> > placed given the world economic recession," she said on Saturday.
> >
> > Hasina said she had instructed the Power Division to cut supplies for two
> > days to those who wrote newspaper articles questioning the need to generate
> > power by subsidising the sector. "They will write in the comfort of
> > air-conditioned rooms using the power we generate. Let them feel what it
> > feels like without power for two days."
> >
> > *http://bdnews24.com/details.php?id=211654&cid=2*
> >
>


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