No, no one has failed to distinguish between the private and govt sectors. But, where from the private sector gets money in dollars if the FE reserves are almost zero?We have to make a distinction between Private sector and the Awami League Govt. I am afraid we are opposing and denying the hard work and intrepreneureship of our private sector just because we don't like the govt.
You will ask why the Private sector needs dollars for their business expansion. It is because the country does not produce any mechanical goods or machines. So, the private sector has to import these expensive machines by paying in dollars.
But, the FER is near zero. So, can you tell me how the private sector can invest when dollars are in short supply and raise the GDP?
A kite cannot fly in the sky unless there is wind.