Finance Adviser Dr. Salehuddin Ahmed assessed his performance at approximately 70 out of 100, recognizing that despite significant initiatives during his term, certain crucial reforms were left incomplete due to structural and policy constraints.
Speaking to the press after a Purchase Committee meeting at the Secretariat, Dr. Salehuddin stated that he would rate himself around 70 to 80, indicating that efforts were made in the people’s interest without any hidden agenda. However, he refrained from giving full marks as many planned initiatives could not be fully executed.
While the government managed to introduce several reforms, Dr. Salehuddin admitted that not all initiatives were fully realized as expected. He highlighted that despite starting various programs, some were not brought to a conclusive end.
Acknowledging the progress in the Annual Development Programme (ADP) process, the adviser emphasized the need for more profound policy reforms, especially within the policy divisions.
Regarding taxation, a comprehensive report has been prepared to guide future reforms. Dr. Salehuddin mentioned leaving behind a tax policy report to steer upcoming developments in this area.
Addressing concerns about the autonomy of the Bangladesh Bank, Dr. Salehuddin explained that the issue had been carefully deliberated. While there have been calls for greater independence for the central bank, he emphasized the complexity of the matter due to legal and operational considerations.
Dr. Salehuddin highlighted that the existing Bangladesh Bank Order delineates the institution’s structure and authority, emphasizing the importance of operational independence within the established framework rather than focusing solely on the governor or ministry’s control.
He stressed that decisions regarding central bank autonomy should be balanced against broader economic stability concerns.
Dr. Salehuddin reiterated that the government’s economic strategies prioritize public welfare over political interests, emphasizing the necessity of addressing economic issues transparently and effectively.
