Dhaka,   Wednesday 16 October 2024

Govt to implement new BBS ’Statistics Policy’

UNB

Published: 18:30, 16 October 2024

Update: 18:31, 16 October 2024

Govt to implement new BBS ’Statistics Policy’

The interim government of Bangladesh is moving to establish a comprehensive 'Statistics Policy' to address longstanding concerns about inaccuracies in data published by the Bangladesh Bureau of Statistics (BBS).

The initiative follows widespread allegations that the BBS had provided misleading economic data under the previous Awami League government.

During the Awami League’s tenure, the BBS was repeatedly accused of inflating GDP growth figures while downplaying inflation, raising serious doubts about the credibility of the country’s official statistics.

“We are working to formulate a Statistics Policy, which will soon be approved by the Advisory Council,” said Planning Adviser Dr. Wahiduddin Mahmud at a recent press briefing following an ECNEC (Executive Committee of the National Economic Council) meeting.

He emphasized the need for a clear, unified approach to ensure the accuracy and integrity of national data.

The BBS, which operates under the Ministry of Planning, faced consistent criticism for its inability to provide reliable data. Their capacity is not as strong as statistical institutions in other developing countries, Dr. Wahiduddin said.

He pointed out that political pressure had influenced the BBS's economic data, particularly during periods of economic growth and inflation reporting.

Acknowledging these challenges, Dr. Wahiduddin reiterated his commitment to maintaining the independence of the BBS.

“I have already informed them that I will not intervene in their reports, regardless of any shortcomings. The data, whether high or low, must stand on its own merit,” he said.

Dr. Wahiduddin, a well-known economist, has stressed the importance of empowering the BBS as an independent entity.

The implementation of the Statistics Policy is expected to mark a significant step toward bolstering the integrity of Bangladesh’s statistical system, ensuring that data-driven decisions can be made with confidence.

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