Birupaksha Paul

The renaissance of Bangladesh Bank and some expectations

We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.

2m ago

Can the new leadership save the economy?

Never has this country seen such a scholarly leadership team for economic policymaking in its history

3m ago

A philosophically incorrect, structurally frail budget

When commitments don’t match with actions, the budget becomes methodologically disturbing too.

5m ago

A former governor’s unpleasant truths about the banking sector

Economists are always noted for telling unpleasant truths because they go by numbers, research, theory, and judgement. Rarely do politicians—who can manufacture arguments to suit their purpose—endorse economists who are objective. Former Bangladesh Bank Governor Dr Mohammad Farashuddin has unvei

6m ago

The concept of a public institution eludes our central bank

BB has recently restricted the journalists’ access for no reason in sight.

6m ago

EXIM-Padma Bank 'merger': Turning rotten apples into fresh oranges?

Bangladesh Bank deserves credit for forging the deal of signing the MoU between EXIM Bank and Padma Bank on March 18.

7m ago

Why do people stash dollars under pillows?

It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.

8m ago

The farce of expressing PCI in taka

This is nothing more than a poor trick that will eventually produce no real gain.

9m ago
January 3, 2024
January 3, 2024

Why our balance of payments won’t balance out post-election

With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.

December 18, 2023
December 18, 2023

Politicians’ wealth surge and why nations fail

The unbridled rise of moral hazards that engulf a nation and force it onto the path which leads to all areas becoming massively politicised, resulting in the youth being eager to become politicians for the wrong reasons.

December 14, 2023
December 14, 2023

Little to achieve if Bangladesh Bank isn’t sincere

The International Monetary Fund (IMF) will require a certain amount of foreign currency reserves to ensure the next installments in the future.

November 28, 2023
November 28, 2023

Our rising foreign debt and financial worries

The growth of debt exceeding the growth of GDP is a clear sign of vulnerability, the consequences of which are already present.

September 19, 2023
September 19, 2023

Correcting the dollar’s price is the only medicine we need

A single, sensible policy can make a motley of weird prescriptions totally redundant.

September 4, 2023
September 4, 2023

A faulty tax policy equals a dehydrated housing sector

Under the Income Tax Act, 2023, the 'gain' tax on plots, flats and commercial establishments has doubled and redoubled.

August 21, 2023
August 21, 2023

Rising risky loans and the talent of making excuses

The actual share of NPLs in total loans would have crossed 20 percent had BB not loosened the definition.

August 6, 2023
August 6, 2023

Surging government borrowing portrays a grim future

Recent trends seem to care too little about the wise art of deficit financing.

June 21, 2023
June 21, 2023

Monetary policy has been set free... but not really

While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.

June 10, 2023
June 10, 2023

National Budget 2023-24: Of sweet accounting and sour economics

If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.