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.
Bangladesh has been making steady economic progress over the past decades. But Bangladesh will not be able to achieve eight percent GDP growth rate by 2020 unless major concerns relating to its labour force and employment are adequately addressed.
If we look at the growth pattern of Bangladesh from 1990, we discover two specific characteristics...
In a few years, Bangladesh will celebrate its 50 years of independence. When Bangladesh was born in 1971 as a new nation, there was
Discussions on the proposed national budget for the FY2017-18 need to be placed in the current context of six major economic challenges in Bangladesh.
Smoke and mirrors” is an idiom based on illusions created by magicians, where they make objects appear or disappear by extending or retracting mirrors amid a distracting burst of smoke.
Bangladesh has made remarkable progress toward ending poverty and sharing prosperity with more of its people. As recently as 2000,
Most economists view Brexit as something seriously negative for the economy of the UK. Although negotiations for leaving the EU are yet to begin...
The 2017-18 budget of the Government of Bangladesh (GOB) increases taxes on bank deposits by 60 percent, much to the dismay of savers and many economists.
Bangladesh, as one of the participating countries will obviously benefit from this initiative. China will provide assistance worth 60 billion yuan in the coming three years to developing countries and international organisations participating in the Belt and Road initiative.
John Madeley, in his book Trade and the Poor, argues that the current system of international trade is biased in favour of wealthy northern nations.