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To the Editor...
Letters for publication in these columns should be addressed to the Editor and legibly written or typed with double space. For reasons of space, short letters are preferred, and all are subject to editing and cuts. Pseudonyms are accepted. However, all communications must bear the writer's real name, signature and address.
Pacemaker
Sir, Bangladesh is 'satisfied' with 2.1 billion dollars BAC aids for 1992-93 FY. This more than expected amount has come on time to her rescue and will keep her spirits alive to reach targets.
Aid Club's annual workout makes up her budget which may persuade a patriot to hope that the nation will not have to rely on this aiding system much longer even If hardships continue for a longer period.
Bangladesh has since her independence been battling all sorts of chronic calamities and corruptions having been bound by debt pressures that have provided her with no alternative to efforts for mere subsis-
tence.
Probably now could be one last time this nation made a concerted endeavour with right personnel toward achieving self-sufficiency in each sector In lieu of expecting aids to feed her budget up. With that objective in her perspectives should LDC Bangladesh consider re-ordering priority of schemes against updated facts and projected changes in econo-physical infrastructures.
Besides, among the foremost measures in confronting nature's havocs particularly flood and drought, in addition to forecast, afforestation, embankment, river/canal dredging, flood channels, upstream control, river training, estuary treatment, tubewcll, etc..
maybe Hydrobanks.
Hy^robanks — towering containers, elevated and underground reservoirs, mobile tanks, and the like — as stocks of flood water may lessen flood intensity and can also serve the drought areas with underground and overhead pipelines and narrow canals discharged by mechanical or manual device. Hydrobanks will save arable lands producing higher yields and, most of all, may relieve the nation of the label 'International Basket Case'.
M Rahman
Zila School Road. Mymenstngh.
Multinationals
Sir, The present democratic government is encouraging foreign investments in the country to ensure rapid Industrialisation. But it is gathered that some major multinational companies are planning to close down their businesses in Bangladesh. Some have already done so. It is understood that the multinationals are experiencing loss because their
products have no market as before tn the country. For Instance, in the field of electronic goods, local manufacturers are supplying products at a cheaper price than those of the multinationals. It Is often alleged that certain local assembling companies arc not paying proper taxes or importing their raw materials from nearby countries on payment of less duties. As a result, the products of these companies are cheaper while the quality products of the multinationals are costlier.
As a citizen of this country I would obviously appreciate the flourishing of our local companies but multinational companies are also needed because they are supplying quality products and providing better Jobs to a good number of Bangladeshis.
I think the government should take some measures to protect the business also of the multinationals In Bangladesh.
M Zahtdul Haque Bangladesh Agricultural College. Dhaka.