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 ratification of the 17 Sustainable Development Goals that will be the world's roadmap for development over the next 15 years is an important...
The rising trend of foreign currency loans availed by the private sector is a relatively new phenomenon in Bangladesh since access to international markets was liberalised in 2008.
Protecting the rights of children and providing the essentials for their development must be part of the definition of poverty reduction.
Industrial policy needs to address issues of education and skill development for facilitating higher capabilities for export diversification, attracting FDI and integrating with the global value chain.
The successful implementation of the NSSS will provide a strong basis for Bangladesh to extend proper social security to its poor and vulnerable populations. It recognises the differences in risks at different stages of the life cycle and provides support to various demographic groups.
Sanchayapatra – a supposed welfare instrument – is actually a Trojan horse that threatens the future of our development budget, and thus reduces growth potentials for the nation. The higher the sale of NSCs, the higher the future interest liability which will definitely eat up a bigger pie of our budget, reducing the share of the Annual Development Programme (ADP).
October 15 was the International Rural Women Day. The first International Day of Rural Women was observed on October 15, 2008.
THE winner of the 2015 Nobel Prize in the field of economics, Angus Deaton, professor of Economics and International Affairs of the Woodrow Wilson School of Public and International Affairs, Princeton University, spent his career working on consumption, poverty and inequality.
Unfortunately, the world's rich countries currently are making things worse. Foreign aid – transfers from rich countries to poor countries – has much to its credit, particularly in terms of health care, with many people alive today who would otherwise be dead. But foreign aid also undermines the development of local state capacity.
What will kill RMG in Bangladesh? Trans-Pacific Partnership or security fears? It may certainly be the second one and not the first. To begin with, the full text of the TPP is not yet available.