Around 17% of businesses identified corruption as biggest challenge, according to a CPD survey
The Awami League regime's economic strategy was not always based on equity.
The former ICT state minister, Zunaid Ahmed Palak, had boasted in 2016 that sprawling IT park in Kaliakoir would employ up to a million people over 10 years.
Says Ashik Chowdhury, head of government’s key investment promotion agencies BIDA, BEZA
Politicians aided by loyal bureaucrats were behind irregularities in development projects taken and implemented when the Awami League was in power, secretaries and other officials told a whitepaper panel.
Look at cities like Kolkata and Jakarta, where metros were built at much lower costs and in less time.
Corruption manifests in various forms—such as bribery, favouritism, and embezzlement—and is experienced firsthand by ordinary citizens, entrepreneurs and investors.
Corruption is institutionalised, almost as a sort of mandatory tax, and people actually idolise those with money, regardless of the source of wealth.
The country lost up to Tk 50,835 crore in the last 15 years due to corruption in development projects implemented by the Roads and Highways Department, according to an estimation by Transparency International Bangladesh.
Around 17% of businesses identified corruption as biggest challenge, according to a CPD survey
The Awami League regime's economic strategy was not always based on equity.
The former ICT state minister, Zunaid Ahmed Palak, had boasted in 2016 that sprawling IT park in Kaliakoir would employ up to a million people over 10 years.
Says Ashik Chowdhury, head of government’s key investment promotion agencies BIDA, BEZA
Politicians aided by loyal bureaucrats were behind irregularities in development projects taken and implemented when the Awami League was in power, secretaries and other officials told a whitepaper panel.
Look at cities like Kolkata and Jakarta, where metros were built at much lower costs and in less time.
Corruption manifests in various forms—such as bribery, favouritism, and embezzlement—and is experienced firsthand by ordinary citizens, entrepreneurs and investors.
Corruption is institutionalised, almost as a sort of mandatory tax, and people actually idolise those with money, regardless of the source of wealth.
The country lost up to Tk 50,835 crore in the last 15 years due to corruption in development projects implemented by the Roads and Highways Department, according to an estimation by Transparency International Bangladesh.
The country’s future hinges on whether it can overcome autocratic governance, corruption, and crony capitalism.