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Political determination needed for development

Political determination needed for development Looting of wealth destroyed infrastructure of economy
Speakers at a seminar on national economy on Tuesday called for combining patriotism. discipline and effective planning for over all development of the country, reports UNB.
Organised by Islamic Economic Research Bureau (IERB). the two day seminar on "Bangladesh Economy: Future Directions" was Inaugurated by professor M Shamsui Haq. Chairman of the University Grants Commission, at the Institute of Cost and Management Accountants (ICMA) auditorium.
Former Chairman of Bangladesh Public Service Commission SM Al Hussalnee. chaired the seminar which was addressed by Dr Salauddln Ahmed, advisor. Planning Commission and IERB General Secretary Tajul Islam.
Professor Haq said, unplanned expenditure and rampant looting of national wealth during the autocratic era have destroyed the infrastructure of the national economy.
He called upon the demo craticaliy elected government to consider academic recommendations for the overall
uplift of the country.
S M Al Hussalnee attributed lack of planning discipline for underdeveloped economy and said without the political determination no development can be achieved.
"Economics is not a party matter, it is a national matter." Hussalnee said and urged the politicians to contribute earnestly for country's economic field as they unitedly did in dethroning the autocratic regime.
He singled out "poverty alleviation and human resource development" as top economic priority and suggested setting up of a Ministry for Human Resources Development.
On the opening day. a total of six papers, three in each, were presented in -two academic sessions.
Dr Sheikh Maqsood Ali. member of the Planning Commission, presided over the first session while professor Rathan Sharif of Dhaka University chaired the later.
Dr M Habibullah and noted banker Lutfur Rahman Sarkar discussed the paper by Professor Akhlakur Rahman on "Development through Self-reliance.".
Dr. ATM Jahurul Haq of Dhaka University presented a paper on "Guidelines of Human
Resources Development" which was discussed by Muhammad Jafar.
Dr Md Atauf Rahman and M Azizul Haq talked on the paper titled "Towards a self reliant economy: The Role of Zakat" which was presented by M Jahirul Islam of RAJ UK.
Another three papers namely "Long-term Perspectives of Bangladesh, Economy" by Dr Hafiz G A Siddiquc of Institute of Business Administration," Government Investment: Goals and priorities" by Dr Wahiduddin Mahmood of Dhaka University and "Optimal Utilisation of Water Resources and Long-term Development of Bangladesh" by Dr Ainuh Nishat of BUET were presented tn the second session.
Dr Salauddln Ahmed. S M All Akkas. Dr M Sohrabuddin. Azizur Rahman Khan. A Awal Sarkar. ATM Shamsui Huda and Dr Mustafa Kamal Muzerl participated in the discussions on these papers.
Seven more papers on various aspects of Bangladesh Economy will be presented on the concluding sessions tomorrow at the same venue.