Prime Minister’s Economic and Planning Adviser Professor Dr. Rashed Al Mahmud Titumir has rejected claims that the government is printing money, calling such allegations baseless. Speaking on Saturday at a pre-budget shadow parliament at FDC focused on inflation control, he said the government is prioritizing investment and employment and has taken special initiatives to reopen closed factories.

Titumir stated that during the previous administration, income levels fell sharply, pushing many lower-middle-class families below the poverty line and causing social fragmentation. He accused the former government of borrowing heavily under the guise of infrastructure development and engaging in corruption, while manipulating data to portray false progress. He added that the current administration will ensure transparency by making all Bureau of Statistics data publicly accessible.

He emphasized that the government aims to democratize the economy and avoid handing over sectors to syndicates. At the same event, Debate for Democracy Chairman Hasan Ahmed Chowdhury Kiron said the government is moving toward a universal social protection program to improve the lives of marginalized groups.