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PM Directs Measures to Prevent Excessive Compensation Claims in Development Projects

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Prime Minister Sheikh Hasina has emphasized the importance of vigilance in preventing excessive compensation claims during land acquisition for development projects. She stated that the government offers compensation to affected individuals at three times the market value of the land and cautioned against individuals hastily constructing makeshift structures to claim additional compensation. Prime Minister Hasina issued this directive during her leadership of the Executive Committee of the National Economic Council (ECNEC) meeting, held at the NEC Conference Room in Sher-e-Bangla Nagar.

The Prime Minister urged authorities to take photographs of project sites during their initial visits to deter fraudulent compensation claims. In addition, while approving a revised project for the Solar Power Plant at Sonagazi, she instructed the executing agency to maintain standard pole heights for the solar plant to maximize air, water, and sunlight circulation for improved land cultivation. Prime Minister Hasina stressed the importance of accurate project designs to avoid design revisions during project implementation, referring to a design error in a bridge project over the River Nabaganga in Narail district.

She expressed dissatisfaction with the need to demolish two sections of the under-construction bridge due to low height, resulting in increased project costs. The Prime Minister underscored the importance of conducting integrated feasibility studies and comprehensive project designs to prevent wastage of public funds. Regarding the approval of the Chandpur Medical College and Hospital and Nursing College project, she directed the Ministry of Water Resources to protect project site embankments from erosion and proceed with the necessary construction.

At the start of the meeting, the ECNEC congratulated Prime Minister Sheikh Hasina and her government on the inauguration of the Dhaka Elevated Expressway. The Planning Minister highlighted the public’s excitement and support for development projects and acknowledged the possibility of completing the remaining portions of the expressway. He also mentioned the upcoming metro rail operation from Uttara to Motijheel.

Regarding the timing of the Elevated Expressway’s partial opening, the Planning Minister noted that such developments are not unusual before a national election and emphasized the importance of engaging with voters. He assured transparency in sharing general inflation data when it becomes available. State Minister for Planning Dr. Shamsul Alam clarified that the expressway’s progress followed its natural course and discussed the inherent ups and downs in a country’s economy. He also highlighted the positive impact of the metro rail, with approximately 80,000 people using it daily to alleviate transportation challenges

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Bangladesh Declares December 30 as ‘NRB Day’ to Strengthen Ties with Expatriates

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In a significant development, the government of Bangladesh has officially designated December 30 as ‘NRB Day’ with the aim of addressing issues faced by non-resident Bangladeshis (NRBs) and promoting their active involvement in the country’s development. Foreign Minister AK Abdul Momen made this announcement during his visit to London.

The primary objective of ‘NRB Day’ is to foster greater engagement with the vast community of over one crore expatriate Bangladeshis worldwide, according to Minister Momen. He emphasized the importance of celebrating this day in a grand manner at Bangladesh’s missions abroad, including the Bangladesh High Commission in London. Momen highlighted that expatriate Bangladeshis are significant contributors to the country’s foreign currency reserves.

Foreign Minister Momen also underscored the potential benefits of establishing stronger connections with expatriate professionals who possess valuable skills across various fields and work in different countries globally.

During his visit to London, Foreign Minister Momen recalled the British Bangladesh Chamber of Commerce and Industries (BBCCI)’s dedicated efforts related to ‘NRB Day.’ He mentioned that the idea of celebrating this day was initially proposed at the closing ceremony of the historic NRB World Convention in Sylhet in 2017. The minister further suggested that the Mayor of Sylhet, Anwaruzzaman Chowdhury, organize a three-day festival in commemoration of NRB Day on December 30, a proposal to which the mayor agreed.

The meeting held in London included notable attendees such as Bangladesh High Commissioner Saida Muna Tasneem, Mayor of Sylhet City Corporation Anwaruzzaman Chowdhury, BBCCI President Saidur Rahman Renu, and former president Shahgir Bakht Faruk, among others.

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PM Sheikh Hasina Emphasizes No Room for Arson Terrorism in Political Movements

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Prime Minister Sheikh Hasina has underscored her firm stance against any recurrence of the 2013-14 incidents of arson terrorism and inhuman atrocities in the run-up to the next national election. During a community reception held in her honor at the Methodist Central Hall Westminster, she emphasized that there would be no tolerance for such actions conducted in the name of a movement.

Recalling the events of 2013-14, Prime Minister Hasina pointed out that the BNP-Jamaat alliance had wreaked havoc across the country by setting people on fire, destroying public and private properties with petrol bombs hurled at various modes of transportation, including buses, trains, and launches. These actions led to severe burn injuries for many, including women, who continue to suffer from the consequences.

She clarified that her government had no objection to peaceful movements but highlighted the stark difference between peaceful protests and movements that involve killing people through arson terrorism and damaging the nation’s assets. She also referenced a past incident where 29 police personnel were killed, emphasizing that any attempt to harm innocent citizens would not be tolerated.

Foreign Minister Dr. AK Abdul Momen and AL Publicity and Publication Secretary Dr. Abdus Sobhan Golap were in attendance during the event, presided over by UK AL President Sultan Sharif and moderated by General Secretary Syed Sajedur Rahman Faruk.

Prime Minister Sheikh Hasina, who also serves as the President of the ruling Awami League, criticized the BNP’s claims about democracy, citing their dubious election practices. She noted that the people of Bangladesh had swiftly removed the BNP from power within a short period after they conducted a controversial election on February 15, 1996.

Regarding voter lists, she pointed out that the BNP-Jamaat alliance had attempted to manipulate elections by creating a voter list with 1.23 crore fake voters. In contrast, Awami League leaders and activists had worked tirelessly to establish and protect the voting rights of the people, with some even sacrificing their lives in the process.

Prime Minister Hasina reiterated her commitment to holding free and fair elections, highlighting the reforms implemented by her government, including the establishment of an independent election commission and the introduction of transparent ballot boxes and voter lists with photographs.

She also mentioned that the BNP’s focus had shifted from political movements to seeking treatment abroad for Khaleda Zia. She clarified that she had acted within the confines of the law when allowing Khaleda Zia to stay at home after suspending her jail term in a corruption case.

Prime Minister Hasina called upon Bangladeshi expatriates to send remittances through official banking channels, acknowledging their contributions to the country’s progressive and democratic movements, including the War of Liberation in 1971.

In light of rising inflation due to global factors, she encouraged citizens to utilize every inch of land for agriculture to reduce dependency on food imports. She briefly outlined her government’s efforts to advance Bangladesh economically and digitally, with the goal of transforming it into a developed and prosperous nation by 2041.

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Economy

Country’s Goods Export Witnesses Strong Growth in September, Falls Short of Target

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In September of this year, the country’s export earnings from goods demonstrated robust growth, surging by 10.37 percent and reaching a total of $4,310.33 million. However, these single-month export figures fell short by 7.05 percent of the strategic export target set at $4,637 million, as reported by the latest statistics from the Export Promotion Bureau (EPB).

Comparatively, the export earnings for September in the previous year amounted to $3,905.07 million, indicating a noteworthy increase in the current year.

Taking a broader view, the data from EPB revealed that the overall export earnings during the first quarter of the current fiscal year (July-September) saw a significant growth of 9.51 percent, totaling $13,685.44 million. This exceeded the strategic target of $13,988 million set for the same period.

In contrast, during the same July-September period in the last fiscal year (FY23), the export earnings were recorded at $12,496.89 million, illustrating a noticeable upswing in the current fiscal year.

Among the various exportable items, the Ready-Made Garment (RMG) sector continued to dominate the overseas market during this three-month period, amassing an impressive $11,617.5 million with a growth rate of 13.07 percent.

Breaking down the RMG category, knitwear stood out as the frontrunner, securing the highest export amount of $6,762.59 million, followed closely by woven garments with earnings of $4,854.91 million.

For the current fiscal year, the government has set an ambitious target to export goods worth $62 billion, aiming for an 11.59 percent year-on-year growth. This follows a remarkable achievement in the previous fiscal year (FY23), where exports reached a record-breaking $55.56 billion despite challenging global conditions and uncertainties.

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