Taskforce to present short-term economic plan to govt, says KAS Murshid

Staff Correspondent

Photo: Collected

Dr. KAS Murshid, Chair of the Taskforce on Economic Strategy Redesign, stated that the taskforce will present a short-term plan to the government aimed at advancing the economy, with expected results visible within one to two years.

He made these remarks this Thursday (September 26) after the taskforce’s first meeting at the Nazia-Salma Conference Room of the Planning Commission in Sher-e-Bangla Nagar, Dhaka.

Present at the meeting were Planning and Education Adviser Dr. Wahiduddin Mahmud, Taskforce Secretary and member of the General Economics Division (GED) Dr. Kawser Ahmed, and taskforce members Dr. Fahmida Khatun, Dr. Selim Raihan, Dr. Monzur Hossain, Dr. Abdur Razzak, Dr. Shamsul Alam, Dr. Rumana Huque, Nasim Manzoor, and AKM Fahim Mashroor.

Dr. KAS Murshid emphasized that the taskforce will design a sustainable and effective plan by identifying the current economic gaps and proposing solutions to address the existing leakages. “We will explore how to go on and bring the economy back on track from where it currently stands. Special focus will be placed on agriculture, industrial production, trade, and development projects to move the economy forward”, he said.

In response to another query, he clarified that the taskforce will present short-term plans to the government to ensure visible results within the next one or two years. He also mentioned that it will be distinct and not a replacement for the five-year plan. It will, however, complement long-term planning efforts.

“We have identified the issues, such as gaps in governance, and will propose plans to close these leakages.” he added.

Dr. Murshid concluded by acknowledging that while it may not be possible to address everything, the taskforce will prioritize areas of the economy that are known to be damaged. “Adviser Dr. Wahiduddin Mahmud has provided us with a framework on the scope, strategies, and areas of importance. We will begin targeted work from the next meeting onward.”, he remarked.

Notably, the 12-member taskforce was formed by the government on September 11 with the aim of redesigning the country’s economic strategy for equitable and sustainable development following the fall of the Hasina administration. Dr. KAS Murshid, former Director General of the Bangladesh Institute of Development Studies (BIDS), has been appointed as the chair of the taskforce.

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