Economist and head of the white paper drafting committee Dr Debapriya Bhattacharya on Tuesday said they have to investigate how various macroeconomic indicators, such as GDP, national income, and inflation were calculated as their foundations were reportedly very flawed.
He also said officials of the previous government could not release accurate data due to political pressure, but they can now do so without any fear of reprisal.
They were helpless in the past, but are now able to release all actual data, the economist told the media following a meeting with various organizations at the Planning Commission in the Sher-e-Bangla Nagar in the capital.
"We will sit with the Bangladesh Bureau of Statistics regarding the matter," he added.
Macroeconomic indicators were frequently shown to be healthy during the tenure of the AL-led government.
The Bangladesh Bank on 3 July said export figures for the first 10 months of the recently concluded fiscal year were inflated by approximately $10 billion due to multiple entries of export shipments by the National Board of Revenue (NBR).
This prompted discussions among economists and business leaders, who said such errors would mean the countries' policies and even estimates of economic indicators were flawed.
At the event, Debapriya also said all original contract documents, including those for energy, will be scrutinized.
The meeting was attended by representatives of 24 organizations that produce, serve and evaluate government information, including the Bangladesh Bureau of Statistics (BBS), the Bangladesh Institute of Development Studies (BIDS), National Board of Revenue (NBR), Bangladesh Investment Development Authority (Bida), Bangladesh Economic Zones Authority (Beza), Bangladesh Chemical Industries Corporation (BCIC), and the Ministry of Agriculture.
Members of the white paper drafting committee Prof Dr Mostafizur Rahman, Dr Celis Raihan, and others were also present.