Bangladesh is working on improving its financial system by privatizing government-owned banks. To make the system more efficient in the long run, the government needs to change its role from controlling banks to supporting them. This means selling off government-owned banks, making the process of giving out bank licenses less political, and letting market forces handle failing banks instead of bailing them out. The government should also rely more on deposit insurance and market participants to keep banks in check. This shift in government's role should not just apply to banks, but also to other parts of the financial system like capital markets and micro-finance.