Predator71
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Do not inflate GDP figures. "The Gross Domestic Product (GDP) in Bangladesh was worth 249.72 billion US dollars in 2017". And the loan is $45 billion.1. BD = 29/290 = 10%
Do not inflate GDP figures. "The Gross Domestic Product (GDP) in Bangladesh was worth 249.72 billion US dollars in 2017". And the loan is $45 billion.
So, as a percentage of GDP the loan stands at, ($45 billion/$250 billion) x 100 = 18% which is very high. Think of the $18 billion Russian loans on Rooppur, it will be going up continuously for the next few years. The total will then reach $63 billion by 2023. GoB will be taking more loans to pay back the arrears with interest. The bad cycle will start very soon.
You may ask the GoB to import a few high-quality printing machines from Japan and create billions of dollars inside the country to pay back the loans.
Do not you understand when SAARC without this and that failed how it is possible to organize a better one? SAARC could have become a platform to change the bilateral relationships based on which to keep on setting new goals. It is already a big ZERO.
It is looking like Ershad's 1988 or BNP's first 1996 election...
You have made a good point about strong institutions.
Problem is that democracy and development are not really compatible.
Look at where India is now compared to China. Granted the multi-ethnic nature of India has also played a part as well in lack of Indian economic development.
BD probably needs between 10-15 more years when it will be ready for real democracy.
AL will win easily now and it will be interesting to see what they start doing as regards the institutions during the new tenure.
If am not wrong BNP's 96 election was temporary as they did it to form caretaker govt bill.
But what happened now a farce .BNP had to play in a unfavorable field Govt. Law enforcing Agency were busy how to wipes out bnp supporter and polling agent even candidate. This election once again prove our political culture not yet change and we need caretaker or any non political interim govt structure to conducting Election.
Did I not tell you not to quote me ever again?
My mistake, will add you to my ignore list so I do not want to waste time if you ever quote me again.
"Problem is that democracy and development are not really compatible."
Uhhh....the United States comes to mind?
My man @UKBengali , I also wanted AL win again in order to Minus Zia family . But if you score over boundary in every ball who will watch the match? So please try to use your brain slightly before dragging usaDo you know when the US become a full democracy?
Hint- It was well after it was fully industrialised.
My man @UKBengali , I also wanted AL win again in order to Minus Zia family . But if you score over boundary in every ball ? So please try to use your brain a slightly before dragging usa