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Salehuddin Ahmed

Finance, commerce and science and technology adviser Salehuddin Ahmed on Sunday criticised the recently ousted Awami League regime for following the ‘Indian syndrome of monument projects’.

He explained that by the Indian syndrome of monument projects he meant the construction of infrastructure like temples, mosques and statutes without considering their benefits for people.   


The Awami League led regime indulged in undertaking monument projects, he said while talking to reporters after meetings with representatives from the Japan International Cooperation Agency, Asian Development Bank and Australia at the Secretariat.

He noted that the flow of foreign funds was good during the previous regime, but the selection of projects and areas of priority were not good.

He also said that the interim government would utilise foreign loans on projects beneficial to the country’s people.

Calling JICA, ADB and Australia as important development partners, the finance adviser said that they had expressed willingness to continue their cooperation.

He also hoped to receive around $400 million as budget support from the ADB due by the current calendar year.