Dhaka, June 9 -- Unless irregularities in Bangladesh's macroeconomic management are addressed, incidents similar to the large-scale looting of banks witnessed in the past could recur in the future, warned Centre for Policy Dialogue (CPD) Distinguished Fellow Dr Mustafizur Rahman on Tuesday.

"The problems in the banking sector did not originate within the sector alone, and their solutions also do not depend solely on banking reforms. First and foremost, the macroeconomy must be put in order," he said while speaking at a seminar on the upcoming national budget and the banking sector organised by Unnayan Samannay at its Banglamotor office.

Mustafizur said every economy rests on a strong foundation, and in Bangladesh's case that foundation ...