With the advancement of the pandemic, the citizens of Bangladesh are leaning more and more towards adopting Mobile Financial Service (MFS) as their method of money transfer, buying products and services, buying mobile balance and making bill payments.
Despite the depressing state of major indicators such as negative export-import growth; large revenue deficit; falling private sector investment; rising non-performing loans recorded in the last quarter of 2019
On March 25, 2020, Prime Minister Sheikh Hasina announced, in her address to the nation, that the government would provide an incentive package of Taka 5,000 crore for export-oriented industries.
The recent outbreak of Covid-19 is an unprecedented global issue, leading many to contemplate difficult questions that are plaguing all of humanity.
The human dimensions of the COVID-19 pandemic reach far beyond the critical health response. All aspects of our future will be affected—economic, social and developmental. Our response must be urgent, coordinated and on a global scale, and should immediately deliver help to those most in need.
What will the impact of Covid-19 be on the Bangladesh economy? Overall, it seems inevitable that the GDP gains that were expected to be realised in the current fiscal year are likely to be wiped out.
The world economy is now on lockdown because of the global coronavirus pandemic. Governments and their central banks around the world are wasting no time in dealing with the health and economic implications of this crisis.
Nothing is more useful than water. Ironically, hardly anything can be obtained in exchange for water.
The Rohingya refugee crisis has exposed Bangladesh's diplomatic weaknesses. No permanent member of the United Nations Security Council has strongly backed Dhaka to solve the refugee problem.
Discussions about development spending and reducing Bangladesh's climate vulnerability are often dominated—understandably—by politicians and donors. These are the decision-makers who affect how funds are spent.
We have some good news to cheer. According to a report published by the World Economic Forum (WEF) Bangladesh has become more competitive in 2017 as compared with 2016.
The debate over the excessive reliance on coal-based thermal power generation has very little to do with our negligible role in the exponential accumulation of atmospheric GHGs. Just to give you some context, in 2013, coal's share in power generation was about three percent. The 2016 Power Sector Master Plan proposes to raise it to 50 percent, totalling about 20,000 megawatts by 2030.
Tapping solar energy, Bangladesh has been able to provide access to electricity to over 12 percent of her population outside the grid network through the installation of more than 4.5 million solar home systems. Despite its huge potential, however, consumers of grid-connected electricity are yet to exploit the power of the sun to their advantage.
Bangladesh has endorsed elimination of poverty as a national goal, and the country can be proud of its achievements in this respect during the last 25 years.
Jobless" growth is the phenomenon when an economy experiences growth without an expansion of jobs. In recent times, South Asia is considered to be the fastest growing region in the world.
For many years now, Greece has been considered the “sick man” of the European Union (EU). The Greek economy was on the verge of collapse right after the major world economic...
One common discourse in the financial and policy arena of Bangladesh is the idea that higher rate on national savings schemes discourages investment in the stock market.
The title of this essay may raise a few eyebrows in Bangladesh. Bangladesh has already embraced the Sustainable Development Goals (SDGs), and there is no doubt that the government and civil society are marching ahead to reach the various targets.