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Salehuddin: We have taken responsibility, not power

'We are pulling the economy back from the brink'

Update : 23 Feb 2025, 07:31 PM

Finance Adviser of the interim government and former governor of Bangladesh Bank Dr Salehuddin Ahmed on Saturday discussed his current role, mentioning that they (interim government) did not take power; rather only assumed responsibility.

Salehuddin made these remarks during the unveiling of his book, “Governorer Smriti Katha” (Memories of the Governor), organized by Bonik Barta.

The event took place on Saturday at the ICAB auditorium in the CA building in the capital.

Ahmed, speaking about his current role, stated: "We have not taken power; we have taken responsibility. Only those of us who have been involved can understand the dire state of the Bangladesh economy. We are pulling the economy back from the brink."

He also pointed out a common trait among Bangladeshis: "We often criticize ourselves in the presence of foreigners. It is almost instinctual for us to hold back anyone attempting to excel. When speaking with foreigners, it is important to proceed with caution while upholding our self-respect. Ultimately, we aim to work cooperatively and advance together."

Regarding his book, he commented: "I have not only spoken about my time as governor but also shared various memories from my life. The first edition was released in 2019, and this edition has been expanded with additional content."

Bonik Barta Editor Dewan Hanif Mahmud said in his speech: "We published the first edition of the book in 2019. This year, we have released an expanded edition. There is much about Bangladesh that remains unknown. It is important to hear from those who have worked in public service in Bangladesh to understand the country. This book is a significant document in that respect."

Prof Rashed A Titumir from the Development Studies Department of the University of Dhaka said: "Without understanding politics, one cannot be a governor. Dr Salehuddin Ahmed had a realistic understanding of the country’s politics, which served him well as governor. Governors around the world who have published books typically discuss how they handled political issues. One of the biggest challenges for a governor is to assert their position in front of political leaders. 

There is a significant disconnect here in our country between governors and politicians. Dr. Ahmed is currently serving as an economic advisor, and I hope he will set an example of how to harmonize fiscal and monetary sectors and stabilize an economy on the brink."

Prof Mostafizur Rahman, fellow at the Centre for Policy Dialogue (CPD), noted: "The book highlights how Dr Ahmed rose from a lower middle-class background to a policy-making level through education. The story of his rise is told without any reservations. Another aspect is that while he faced many challenges in his career, the book highlights the positive aspects of everyone mentioned. 

Additionally, he discusses inclusive and environmentally friendly development in the book and dedicates it to the working people."

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