Here’s to hoping that the interim government initiates targeted and critical reforms in FY2026 to improve budget implementation
The FY2026 budget must be more than a mere fiscal statement.
With the central bank agreeing to go for a flexible exchange rate, the IMF will disburse the fourth and fifth instalments in June this year.
Controlling inflation should be a top priority for the interim government.
The Spring Meetings indicate that the IMF and World Bank are at a crossroads.
From the perspective of attracting FDI, the gas price hike poses a significant challenge.
Bangladesh faced a crippling 37 percent tariff on its exports to the US.
The root cause of gender-based violence lies in deeply entrenched power imbalances between men and women.
Due to lack of coordinated and coherent measures, inflation continues to rise, notwithstanding the abolition of the interest rate cap since July 2023.
The upcoming budget should adopt a balanced approach to address economic slowdown and inflationary pressure.
The reason for continued high consumer prices in the country despite prices dropping in the international market is a combination of policy and institutional failure.
The mounting debt servicing obligations also threaten to exacerbate the strain on the country’s low foreign exchange reserves.
It is especially important now as Bangladesh is set to graduate from its LDC status and become a developing country by 2026.
In light of the upcoming LDC graduation, exporters need to proactively prepare for changes.
The findings of the WEF’s latest Global Risks Report are quite relevant to Bangladesh
The year 2023 was indeed one of the most difficult ones in the recent history of Bangladesh in terms of economic performance.
Unless a holistic approach is taken, the sector will continue to fall short of international standards.
While many other countries have managed to reduce inflationary pressure by adopting monetary policy tools, Bangladeshi policymakers have shied away from doing the same.
