Market Digest

Bangladesh no longer dependent on foreign aid: Razzaque

Staff Correspondent

24 January, 2021 12:00 AM printer

Agriculture Minister Dr Abdur Razzaque on Saturday said that Bangladesh is no longer dependent on foreign aid as dependency on it has come down to 2 percent in the current fiscal year from 15-20 percent in 2019-20.

He came up with the remarks as the chief guest of the annual general meeting of Bangladesh Publisher and Book-sellers Association at the auditorium of Dhaka Engineering Institute in the capital.

Bangladesh Publisher and Book-sellers Association President Md Arif Hossain Choton presided over the meeting.

Awami League Dhaka South City President Abu Ahmed Mannafi, Bangladesh Publisher and Book-sellers Association First Vice President Kawser E Alam Prodhan, Vice President Shaymol Pal, Mirza Ali Ashraf Kashem, Dhaka Branch President Mazharul Islam, and Former President Alomgir Shikhder Luton were present at the meeting.

Donor countries and institutions, including the World Bank, used to consider themselves the kings of this country to show their power with their aid, he added.

But now with strong and visionary leadership of Prime Minister Sheikh Hasina, Bangladesh has achieved unprecedented success in all fields including economy, physical infrastructure, agriculture, health and education, the minister stated.

Book publishers and sellers do not have the opportunity to become rich overnight because it is a very noble, creative and intellectual development profession, he said.

The size of the book industry in Bangladesh has become much larger, the printing industry has also developed to international standards, he added.

But in this age of information technology, the industry faces many challenges, he suggested that publishers need to find ways to tackle the challenges and sustain the publishing industry.

The minister think that the joy of reading printed books and reading books on computer or mobile screen is not the same.

He hoped that the attraction of the book will always remain; Even then, publishers need to focus on how to increase the appeal of printed books through the use of advanced technology.

State Minister for Public Administration Farhad Hossain said that investing in a child's education is the best investment.

He stated that children should be encouraged to read extra-curricular creative books besides text books.

He urged the book publishers to publish more books on the liberation war.