TIB calls for law to implement gold policy
Lauding the country's first-ever gold policy, Transparency International Bangladesh yesterday called upon the government to formulate a complete law for the gold sector to properly implement the policy.
The policy has created an 'unprecedented' opportunity to ensure transparency and accountability, and overcome lack of good governance that has been prevailing in the gold sector for a long time, the graft watchdog said in a statement.
TIB stressed the need for strict integrity practices at both administrative and traders' levels, alongside political will at all stages for implementing the policy, according to the statement.
The cabinet on Wednesday approved the gold policy, aiming to make import and export of the precious metal easy, stop its smuggling, and ensure transparency in its trade.
The main aim of the policy is to increase gold ornament exports, Cabinet Secretary Shafiul Alam told reporters after the cabinet meeting chaired by Prime Minister Sheikh Hasina.
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