Dr Zahid Hussain is former lead economist of the World Bank’s Dhaka office.
By bringing down a despotic leviathan, the anti-discrimination student movement has earned the moral authority to be spokespersons for the whole nation
The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020
In their Monetary Policy Statement (MPS) for the first half of FY25, Bangladesh Bank (BB) has stuck to the policy stance already in place.
Let’s begin with the central question to gauge what more this MPS could have done to increase the potency of monetary policy in restoring macro-financial stability.
Bangladesh Bank’s latest data on the balance of payments has remarkably altered the narrative on the drivers of external stress without changing the signal on the overall stress.
Bangladesh Bank's latest data on the balance of payments has remarkably altered the narrative on the drivers of external stress without changing the signal on the overall stress. The bottom line on persistent external imbalance remains pretty much the same but the composition is palpably different
The economy has been in a rough patch since 2022 like never before in the past decade and a half
We are hubristically living through our ecological implosion.
The historical novelty of the coronavirus shock has unravelled as the lockdown continues. Bangladesh’s economic expansion is projected to face a drastic brake.
Are we doing enough to support households dependent on labour income from the formal and informal sectors in this time of distress?
The Tk 72,750 crore package announced by the prime minister promises to provide support to small and large businesses in industry and services to tide over the disruptive stage of the pandemic.
This is a good package committing 2.5 percent of GDP to keep businesses in industry and services afloat with a particular focus on protecting employment and labour income.
The government and the Bangladesh Bank have come up with several initiatives in response to the evolving public health and economic crisis.
If there ever was a challenging time for fiscal policy, this is it! The budgeting season for the government has started amidst a potential global health and economic crisis whose depth and duration are as uncertain today as when it started.
Inequality occupies a salient spot in Bangladesh’s development discourse. Most measures of inequality increased from 2000 to 2016.
The big question on economists’ mind is, how will the 9 per cent ceiling on bank lending rates impact the conduct of monetary policy?
Financial reforms have been on a reverse gear in Bangladesh. The latest being the announcement to return to a regime of interest rate repression.
This ought to be, if it already is not, the motto of stock market players in Bangladesh. Bangladesh Bank (BB) has left no stone unturned to show that it stands ready to put lipstick on everything to drive stock markets higher.