Economic Advisor Sheikh Bashiruddin has said that Bangladesh has the potential to transform into a “goldmine” if its human capital is properly nurtured. Speaking on Friday, he highlighted that while the country lacks sufficient raw materials for large-scale industrial production, this shortfall can be overcome through education, innovation, and knowledge acquisition by students. He explained that ensuring labor productivity, utility proportion, logistics excellence, cost efficiency, access to finance, and market access would allow Bangladesh to offset raw material shortages and drive economic growth. Bashiruddin further stressed the importance of uninterrupted product supply in market management. He pointed out that during the last Ramadan, coordinated efforts by the Ministry of Finance, Bangladesh Bank, and the Ministry of Commerce kept supply chains stable, resulting in lower commodity prices. Addressing past challenges, he revealed that several members of so-called “syndicates” had fled the country, making it difficult to stabilize the supply side. “Through collective efforts, we managed to overcome that crisis,” he noted. Reflecting on recent economic progress, Bashiruddin said, “After Sheikh Hasina’s fall, our reserves stood at around $10 billion against liabilities of $6 billion. Under the Chief Advisor’s leadership, we cleared those liabilities. Today, reserves have risen to $30 billion.” Looking ahead, he emphasized that if future governments adopt a coordinated, democratic approach to market regulation and implement impartial reforms, Bangladesh’s market system will be strengthened, ensuring equitable distribution of wealth and resources.