Readers Respond
Here are some comments that came in response to Tuesday's The Daily Star news analysis headlined “What price do we pay?”
Faisal Mahmud
Beautiful analysis. I didn't know that Padma Bridge was the largest project taken by the WB.
Hafeejul Alam
The news analysis contains a bunch of frustration, not even an iota of solution. As per the law of the land, nobody can be punished on the ground of perceived corruption conspiracy, not substantiated by proof.
We better avoid any type of foreign loan and propose that the government takes initiative to raise at least 4 billion dollars by issuing bonds. Our NRBs should also come forward to invest in the project.
As a sovereign country, neither the government nor the ACC, a constitutional set-up, can be dictated by any foreign agency. Yes, Bangladesh needs money for Padma Bridge but not at the cost of national humiliation.
Kamal Ahmed
It is a very unfortunate situation for Bangladesh. Europeans and Americans are clearly unhappy with the way the government has dealt with Professor Yunus.
Independent view
Instead of blaming the WB's decision, the govt should catch the people in Bangladesh who rigged it in the first place.
This will have a major ripple or knock-on effect on all major projects. Already ADB and other donors have become conservative on all matters. Hope this scar will heal, if not, then ordinary people of Bangladesh will suffer immensely.
Adem, USA
The future of Bangladesh will be affected by this episode. The world view on Bangladesh has changed because of the policies of the present administration. The world has become unhappy with Bangladesh and it has to pay a heavy price for this.
Mo Chaudhury
I believe the costs are expected to be substantially higher. This is because the current LIBOR rate of 1% is very low by historical standards and is expected to go up significantly as the world economies recover and monetary authorities worldwide shift from provision of liquidity to fighting inflation.
Comments