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 2, 2018
April 2, 2018

Will CRR cuts bring down lending rate?

The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key

February 20, 2018
February 20, 2018

Bangladesh's ailing tax system

The tax system in Bangladesh is not very different from that of most other developing countries. A significant share of revenue is collected at the border, while domestic taxes are primarily from the VAT and income taxes.

August 11, 2017
August 11, 2017

The unmaking of Nawaz Sharif

The devastating Supreme Court ruling has not only delivered Nawaz Sharif the ultimate humiliation of being unceremoniously ousted from power, but has also put him and his entire family in the dock over corruption allegations.

January 30, 2017
January 30, 2017

Cautionary monetary policy

Overall, the monetary policy statement is appropriate for the current state of the economy.

February 2, 2016
February 2, 2016

Risks and challenges of the economy in 2016

Bangladesh enters 2016 with its economy facing several challenges. The key challenges on the domestic front continue to be the acceleration of private investments and the better use of public sector resources to implement important infrastructure and social programs. The investment outlook is clouded by uncertainties pertaining to the dynamics of domestic politics; structural reforms; developments in infrastructure and energy; and global economic prospects.

January 15, 2016
January 15, 2016

Expansionary signal but cautious monetary targets

Overall Bangladesh Bank has maintained policy continuity, albeit may be a bit too much so.

July 31, 2015
July 31, 2015

Policy stances worked well in achieving targets

Headline inflation has evolved along the projected path, banks have started reducing their lending rates, the exchange rate has been

May 26, 2015
May 26, 2015

Getting out of the middle growth rate trap

Many countries in the post-war era managed to reach middle-income status rapidly, but a few went on to become high-income

March 12, 2015
March 12, 2015

Why does infrastructure matter?

Ensuring better infrastructure ranked the top priority in the Dhaka Apparel Summit 2014 to reach USD 50 billion apparel export target by 2021.

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