Reza Mahmud :
The unemployment rate is increasing in the country due to low investment and slow implementation of the Annual Development Projects (ADPs). The crisis of manpower export is also responsible for increasing unemployment rate, say economists.
Eminent economist and former advisor of the caretaker government Dr. Akbar Ali Khan has said, “The unemployment problem is now in a serious position in the country. But the Bangladesh Bureau of Statistics (BBS) has shown totally unauthentic statistics about the matter.”
Addressing a discussion meeting at the National Press Club, Akbar Ali Khan said it is unemployment, not poverty the main problem in Bangladesh now.
“Currently, there exists the worst time for employment. The number of educated unemployed person is increasing day by day. Begging is also increasing though various types of social safety programme have been adopted. Thousands of people are living in slums, who are beyond the social safety programme,” he said.
While another eminent economist and former chairman of Janata Bank, Dr. Abul Barkat, told The New Nation, “The real unemployment rate is 13 per cent now in Bangladesh. If the BBS’s statistics about unemployment rate is true, then we easily can say
that there is no economic problem in Bangladesh. But it is not true.”
He also said, the dishonest bigger players, who dominate the government and politics, are real culprits in economic field. They have stopped all the ways of economic progresses. The government should try them out to remove the obstacles of economic development.
Both the economists said, the low rate of investment in industrial and service sectors are responsible for the increasing rate of unemployment. On the other hand, Bangladesh Bureau of Statistics (BBS) shows the low rate of unemployment. It said the unemployment rate is 3.50 per cent. But the economists turned it as ‘not true’.
They said, Bangladesh witnessed low internal and foreign investment in the current year. The political unrests and uncertainty, target killing and rumour of militancy are the major cause of lower investment. The foreign diplomats also expressed their anxiety over the situation.
The economists said, gas and other fuel shortage are also important factor for lower investment scenario. They said, housing and real state is a biggest investment sector in Bangladesh. In recent years, the housing sector suffers a lot because of gas line connection.
They said, lots of apartments are remaining unsold due to lack of gas connection. The entrepreneurs said, gas and electricity crisis kept them distance from invest in industrial sector.
This scenario of investment caused low employment rate in Bangladesh, they said.
The economists said, Saudi Arabia, Malaysia and other major countries have stopped long ago to recruit manpower from Bangladesh. It makes the unemployment problem more difficult.
Besides, the lower ADP implementation is also made the people workless, especially in rural areas.
Recently, European Union Ambassador to Bangladesh Pierre Mayaudon said, the recent target killings are responsible for low direct foreign investment in Bangladesh.
The unemployment rate is increasing in the country due to low investment and slow implementation of the Annual Development Projects (ADPs). The crisis of manpower export is also responsible for increasing unemployment rate, say economists.
Eminent economist and former advisor of the caretaker government Dr. Akbar Ali Khan has said, “The unemployment problem is now in a serious position in the country. But the Bangladesh Bureau of Statistics (BBS) has shown totally unauthentic statistics about the matter.”
Addressing a discussion meeting at the National Press Club, Akbar Ali Khan said it is unemployment, not poverty the main problem in Bangladesh now.
“Currently, there exists the worst time for employment. The number of educated unemployed person is increasing day by day. Begging is also increasing though various types of social safety programme have been adopted. Thousands of people are living in slums, who are beyond the social safety programme,” he said.
While another eminent economist and former chairman of Janata Bank, Dr. Abul Barkat, told The New Nation, “The real unemployment rate is 13 per cent now in Bangladesh. If the BBS’s statistics about unemployment rate is true, then we easily can say
that there is no economic problem in Bangladesh. But it is not true.”
He also said, the dishonest bigger players, who dominate the government and politics, are real culprits in economic field. They have stopped all the ways of economic progresses. The government should try them out to remove the obstacles of economic development.
Both the economists said, the low rate of investment in industrial and service sectors are responsible for the increasing rate of unemployment. On the other hand, Bangladesh Bureau of Statistics (BBS) shows the low rate of unemployment. It said the unemployment rate is 3.50 per cent. But the economists turned it as ‘not true’.
They said, Bangladesh witnessed low internal and foreign investment in the current year. The political unrests and uncertainty, target killing and rumour of militancy are the major cause of lower investment. The foreign diplomats also expressed their anxiety over the situation.
The economists said, gas and other fuel shortage are also important factor for lower investment scenario. They said, housing and real state is a biggest investment sector in Bangladesh. In recent years, the housing sector suffers a lot because of gas line connection.
They said, lots of apartments are remaining unsold due to lack of gas connection. The entrepreneurs said, gas and electricity crisis kept them distance from invest in industrial sector.
This scenario of investment caused low employment rate in Bangladesh, they said.
The economists said, Saudi Arabia, Malaysia and other major countries have stopped long ago to recruit manpower from Bangladesh. It makes the unemployment problem more difficult.
Besides, the lower ADP implementation is also made the people workless, especially in rural areas.
Recently, European Union Ambassador to Bangladesh Pierre Mayaudon said, the recent target killings are responsible for low direct foreign investment in Bangladesh.
