Jun 18, 2010

Public-Private Partnership

The Public-Private Partnership (PPP) is farsighted concept introduced in the Budget speech of Bangladesh Government in the fiscal year of 2009-2010. But it could not be implemented in fiscal due to shortage of policy supports to be followed for the new system of development of the country.

Now the finance minister of the country Dr. Abul Maal Abdul Muhith in his budgetary speech of the fiscal year 2010-2011 vowed for implementation of the PPP policy on June 10, 2010 .

The development works of Bangladesh through public funding were slowed in the last 39 years of the country got independence due to some problems like corruption & misappropriation of the fund.

The private sector in the country became giant after years and years in the different sectors of the country like banking, education, manufacturing (garments, textile, steel, cement etc.), agriculture (livestock, gardening, shrimp, plantation etc. ) and in many other sector.

Some autonomous bodies like Bangladesh Bank also did well.

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