Dr Zahid Hussain is a former lead economist of the World Bank’s Dhaka office
This decision is a pragmatic step, regardless of whether it was motivated by the necessity of meeting IMF program conditions for the 4th and 5th disbursements
With a flexible exchange rate, BB can now shift its focus toward domestic economic priorities such as inflation control, employment growth, and financial stability instead of continuously defending the currency
The interim government (IG) is set to present its FY26 budget on June 2. The anticipation is that their budget will depart from the past.
The interim government, unburdened by political motivations, has no need to seek popular acclaim
The bilateral trade in goods between the US and China faces the risk of being severed due to the imposition of steep tariffs
On April 2, 2025, US President Trump introduced sweeping reciprocal tariffs, effectively reversing nearly all US tariff liberalisation since the Great Depression of the 1930s.
The average US tariff surged from 2.5 percent to 20 percent with a single executive action
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.
The surge in public borrowing from banks has significantly elevated the risk of further reducing the availability of credit to the private sector through two channels. One channel is through reducing the availability of liquidity for lending to the private sector. The other channel is interest rates.
Banks prefer to work with large national and multinational business groups and the government, which offer less risk and higher returns.
Thinking about the role of remittance in our economy often makes us think about growth and standard of living.