Although the reforms have just started, some positive results are already visible.
Since FY2022, actual export earnings emerging from the banking sector data were significantly lower than the figures reported by the EPB.
The high incidence of corruption, some of which have erupted openly in the public domain.
Bangladesh’s macroeconomic imbalances have emerged from inflationary pressure; the balance of payments pressure; and fiscal pressure
The 50 years of development partnership between the World Bank and Bangladesh is marked with mixed feelings.
The main focus of the FY24 budget must be on economic stabilisation.
Deft macroeconomic management over the past three decades has served Bangladesh well. Total export earnings, buoyed by a heady pace of growth in earnings from readymade garments, and foreign remittances, climbed to $ 81.4 billion in FY2022, rising from a mere $5.2 billion in FY1990.
Macroeconomic stability has been a hallmark of Bangladesh’s development strategy. This has served the country well, especially in terms of providing a solid enabling environment for the private sector.
The recently released special report of the Inter-governmental Panel on Climate Change (IPCC) paints a dire picture -- the global temperature has increased by over 1 degree centigrade over pre-industrial levels (mid-1800s).
The 2041 Perspective Plan seeks to transform Bangladesh from lower middle income to an upper middle income country by 2031 and
There is a lively ongoing debate about the likely economic and social impact of the FY2019 budget. Much attention has been given to
Finance Minister AMA Muhith presented the FY2018-19 national budget to parliament yesterday. This is a historic event in the sense that it is his tenth consecutive budget that reflects the continuity in fiscal management.
Bangladesh should be justifiably proud of its development achievements and this progress accelerated over the past decade.
Bangladesh has set an ambitious target to eliminate extreme poverty by FY2031. The results of the latest Household
Research done for the Perspective Plan 2041 (PP2041) exercise suggests that in order for Bangladesh to implement a green growth strategy to ensure consistency of growth and poverty reduction targets with environmental protection, Bangladesh needs to increase its spending on environmental protection and climate change related programmes from 1 percent of GDP now to 3 percent of GDP by FY2031 and to 3.5 percent of GDP by FY2041.
Reforms over the past two decades or so have greatly improved the quantity and quality of banking services in Bangladesh.
As one of the fastest growing economies in South Asia, Bangladesh continues to experience sustained economic growth underpinned by macroeconomic stability and strong domestic demand. The country has been growing at an annual average rate of 6 percent for the
I have written many times in the past about the need to address the governance issues in the state-owned commercial banks (SCBs).
