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White paper on financial irregularities to be unveiled to public on 2 December: Debapriya

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A long-awaited white paper detailing financial sector irregularities is set to be handed over to the interim government's chief adviser on 1 December, with public access slated for the following day

Staff Correspondent

Publisted at 1:51 PM, Thu Nov 28th, 2024

The much-anticipated white paper on financial sector misappropriations will be presented to the chief adviser of the interim government on 1 December, with the document set to be made publicly available on the government’s website on 2 December, said Dr Debapriya Bhattacharya, chair of the White Paper Preparation Committee.

Speaking at a programme organised by the Economic Reporters’ Forum (ERF) in the capital’s Paltan area on Thursday (28 November), Dr Debapriya Bhattacharya elaborated on the timeline for the release of the report, which examines the state of the economy amid recent political transformations.

Dr Debapriya Bhattacharya, also a distinguished fellow of the Centre for Policy Dialogue (CPD), stated that the interim government would unveil the detailed accounts of financial mismanagement and corruption on Monday (2 December).

The preceding day, the committee tasked with preparing the report will submit its final findings to the chief adviser.

Following the political upheaval on 5 August, the interim government established an evaluation committee to assess the damages and challenges facing the economy.

Over a span of three months, the committee conducted extensive discussions and analyses, engaging with secretaries, business leaders, and representatives of civil society.

The report, backed by thorough data collection and validation, aims to provide a comprehensive account of the financial sector's woes and irregularities.

On 28 August, the 12-member White Paper Preparation Committee, led by Dr Debapriya Bhattacharya, was formally constituted to evaluate the macroeconomic landscape and conduct sector-specific reviews.

The findings are expected to offer insights into the challenges and the path forward for stabilising the economy.

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