ABSTRACT
The recommendations fall into three groups: those addressed to the Government of Bangladesh, to international donor agencies, and to the local business community. The cabinet-level commission's report should clearly delineate the purposes of privatization policy and make specific recommendations for implementing it step by step. Options for various types of privatization should be analyzed, and specific recommendations made. As the benefits of increased private activity become more apparent, the chances for additional major privatization moves will become much greater in, perhaps, another three to five years. Certain underlying reforms absolutely must be undertaken in Bangladesh before any substantial benefits can be expected from privatization. In the case of Bangladesh, the unit would provide policy planning and implementation functions, the lack of which has seriously hampered efforts to date. Bangladesh has much to learn about how to plan, organize, and implement a comprehensive privatization program; even though Bangladesh has put through more privatization transactions than any other country.
