Fahmida Khatun
MACRO MIRROR
Dr Fahmida Khatun is executive director at the Centre for Policy Dialogue (CPD).
MACRO MIRROR
Dr Fahmida Khatun is executive director at the Centre for Policy Dialogue (CPD).
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 commitment is the first step, finance is the most important means for implementation of climate commitments. But in this case, there are huge gaps, as pledges remain unfulfilled.
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
Bangladesh Bank, which is supposed to oversee the governance of the country’s financial institutions, has rather supported these irregular activities through its policies and actions.
Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.
Despite demands from climate-change-affected countries, the issue of loss and damage has been contentious at the global forum.
Our current economic situation is one in which countries usually look to the IMF for balance of payment support.
LDCs are predominantly agricultural economies, but are also highly dependent on food imports.
Dr Fahmida Khatun speaks to us regarding how Bangladesh can shield itself from a possible food crisis.
We now face the real risk of massive hunger and famine.
High inflation and low export and remittance earnings are a major cause for concern at the moment.