Home ›› 12 Oct 2022 ›› Governance
Taking a swipe at the government for frequent power outages across the country, Jatiya Party Chairman GM Quader on Tuesday feared that the country was heading towards bankruptcy.
"The people of the country are facing unbearable load-shedding for 4 to 10 hours. There're preparations to produce 20,000 MW of electricity, but the government is not capable of buying fuel for lack of money," he said.
Although the price of gas has fallen in the world market, the Jatiya Party chief said the government is also unable to procure gas as the exchequer does not have money.
He said Sri Lanka was facing load-shedding, a sharp rise in dollar price, a shortage of money to buy fuel and unusual price hikes of daily essentials before going into bankruptcy. "Exactly the same picture is now here in Bangladesh."
He came up with the remarks at a programme at the Jatiya Party Chairman's Banani office.
GM Quader voiced concern that production of all goods is decreasing since it is not possible to keep industrial factories functioning for the lack of electricity.
As a result, he said many people have lost their jobs and become unemployed while the prices of essential commodities have increased several times.
Amid such a situation, the Jatiya Party chief said crores of takas are being allocated for mega projects like Sri Lanka and thousands of crores of taka are being laundered abroad," he observed.
