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
The government wants to form a public asset management company (PAMC) to buy distressed loans from banks.
Offshore Banking Units (OBUs) of domestic banks have borrowed from banks in the euro zone at 2 percent interest rate to meet their euro liabilities against Usance Payable At Sight (UPAS) issued by them to Bangladeshi importers. Simply stated, the UPAS issuing bank
The Bangladesh Bank (BB) has caved in to pressure for extending the loan restructuring facility to large borrowers once again, albeit on
We know from growth accounting that GDP growth can be broken into growth in the labour force and growth in labour productivity.
The government announced a 2 percent subsidy on remittances in the FY20 budget and allocated Tk 3,060 crore for this purpose.
The monetary policy recognises the contextual challenges, particularly banking sector ailments relating to high non-performing loans
Bangladesh has made substantial progress in achieving price and macroeconomic stability. It has succeeded in maintaining inflation in modest single digits range, while also achieving high growth, due in a significant part to sound macroeconomic management.
The decision to reduce the Cash Reserve Ratio (CRR) by one percentage point constitutes quantitative easing of monetary policy. A key
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.
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.
