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.
If monetary policy autonomy is a priority, capital account liberalisation should come after a country’s transition to a flexible exchange rate – not before it.
The latest monetary policy, which the central bank governor had announced recently, has passed through the market with a fair amount of approval...
After experiencing many ups and downs over the last four plus decades, the economy of Bangladesh has transformed into a promising one on many accounts.
The impassioned descriptions all collide against, but dissolve into each other – the past, present and future, stories of pain, aspiration, fear and anger compete against each other to be heard.
First the good news: two of the largest Indian conglomerates have pledged to invest US$11.2 billion in Bangladesh in power, energy and infrastructure sectors.
Recently, in Davos at the World Economic Forum, the Governor of the Reserve Bank of India, Raghuram Rajan sent a strong message to the Indian businessmen who default thousands of crores of bank money...
If we want to achieve the targets established by the Global Goals for maternal health, child health, and infectious disease, we will have to double R&D funding by 2020.
Our economic activity is growing rapidly. Back in 1970, the size of GDP was only US$6.2 billion and in 2015, the GDP grew to $205.3 billion taking Bangladesh to the 44th position in the world economy.
As people's economic behaviour varies at different stages of life, changes in a country's age structure can have substantial effects on its economic performance.
Two reports appeared on the same day. Sal forests in Gazipur are heavily degraded. They have reduced by 79 percent within a decade.