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
May 30, 2023
May 30, 2023

The nation expects brevity and sobriety in the budget

Understanding the nation’s expectations in designing the budget for FY2024 is essential

May 21, 2023
May 21, 2023

What makes Bangladesh the 'champion' of default loans?

The news of Bangladesh occupying the second-highest position in South Asia in terms of a bad loan ratio is no surprise.

April 9, 2023
April 9, 2023

In search of a happier Bangladesh

The World Happiness Report 2023 has placed Bangladesh in the 118th position out of 137 countries.

March 19, 2023
March 19, 2023

Should US bank failures concern Bangladesh’s financial sector?

What has led to bank failures in the US may look different from what Bangladeshi banks are living through now, but the bottom line is the same.

March 8, 2023
March 8, 2023

Is dual citizenship to blame for money laundering?

“Is Bangladesh a place of looters?” – this question was raised by the High Court last month.

February 11, 2023
February 11, 2023

Why Bangladesh Bank needs to be fully independent

If you ask someone from a country with a decent economy whether the central bank should be allowed to exercise independence in its policymaking, they will say that not giving independence to the central bank is like letting someone drive a car while keeping their hands tied behind their back. The question is not why, but how to give more independence to the institution.

February 7, 2023
February 7, 2023

Bangladesh can avoid the middle-income trap yet

Bangladesh’s economic leadership must devote its integrity to ensuring quality growth along with lower income inequality.

January 17, 2023
January 17, 2023

Bangladesh’s Monetary Policies: A poor dose of the right medicine

Bangladesh Bank has missed the train by caving in to the pressure of the finance ministry, which dictates policymaking at the central bank being driven by short-term political interests.

January 1, 2023
January 1, 2023

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer

December 18, 2022
December 18, 2022

Time for a new central bank and monetary policy

The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.