Dhaka, June 3 -- Transparency International Bangladesh (TIB) has expressed deep concern over the Finance Minister's refusal to acknowledge the rampant corruption and money laundering as well as the disregard for the principles of good governance and justice in his budget speech.
The organisation said that rampant corruption and siphoning off money were the mainly responsible for the ongoing economic crisis, growing income disparities, and dwindling foreign currency reserves.
TIB in a statement on Friday said the impact of COVID crisis and the Ukraine conflict have undoubtedly affected the economy, but it has not been cleared how the ambitious budget will be implemented without any direction to control the unbound corruption and money laun...