Bangladesh's money chief admits he cannot fix the broken banking system. Finance Adviser Salehuddin Ahmed says the job takes way more time than his temporary government has. He wants the next elected leaders to tackle the massive mess left behind. Ahmed blames the old government for wrecking the country's financial health. Former officials stole billions of dollars from public funds.
The government already pumped 52,000 crore taka into twelve failing banks. They had given another 22,000 crore before that to keep the system running. Ahmed says even all this cash might not solve the problems completely. The damage goes deeper than anyone expected from the previous administration.
Banks face serious trouble keeping enough money on hand...