Zahid Hussain

Dr Zahid Hussain is former lead economist of the World Bank’s Dhaka office.

Where are we heading?

By bringing down a despotic leviathan, the anti-discrimination student movement has earned the moral authority to be spokespersons for the whole nation

3m ago

Rebooting the economy

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

4m ago

Not much beyond lip service

In their Monetary Policy Statement (MPS) for the first half of FY25, Bangladesh Bank (BB) has stuck to the policy stance already in place. 

4m ago

Not much beyond lip service 

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. 

4m ago

Export data correction was long overdue

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.

4m ago

Making sense of revisions in balance of payments

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

4m ago

A post-election defining moment

The economy has been in a rough patch since 2022 like never before in the past decade and a half

5m ago

Fifty years of learning from rises and slips in the Bangladesh economy

We are hubristically living through our ecological implosion.

7m ago
April 17, 2020
April 17, 2020

We paused the economy to save lives. But how do we press play again?

The historical novelty of the coronavirus shock has unravelled as the lockdown continues. Bangladesh’s economic expansion is projected to face a drastic brake.

April 12, 2020
April 12, 2020

Making the bell toll for the poor and the vulnerable

Are we doing enough to support households dependent on labour income from the formal and informal sectors in this time of distress?

April 7, 2020
April 7, 2020

Stimulus package geared towards the long road to normalcy

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.

April 6, 2020
April 6, 2020

It’s a good package, but its delivery holds the key

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.

March 30, 2020
March 30, 2020

Coronavirus: Are the policy and community responses adequate?

The government and the Bangladesh Bank have come up with several initiatives in response to the evolving public health and economic crisis.

March 24, 2020
March 24, 2020

Bring on fiscal policy

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.

March 13, 2020
March 13, 2020

The narrative on rising inequality

Inequality occupies a salient spot in Bangladesh’s development discourse. Most measures of inequality increased from 2000 to 2016.

March 2, 2020
March 2, 2020

Would monetary policy still be useful after 9pc interest rate?

The big question on economists’ mind is, how will the 9 per cent ceiling on bank lending rates impact the conduct of monetary policy?

February 18, 2020
February 18, 2020

Financial inclusivity and the banking sector

Financial reforms have been on a reverse gear in Bangladesh. The latest being the announcement to return to a regime of interest rate repression.

February 12, 2020
February 12, 2020

In Bangladesh Bank we trust

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.