Bangladesh economy
US assures Bangladesh of helping expand economic opportunities
Embassy says after US delegation meets foreign adviser
Turning the tide: Critical reforms to correct 15 years of misrule
As Bangladesh enters a new era following the ouster of the Sheikh Hasina-led Awami League government, which ruled over the nation for 15 years and is responsible for countless financial wrongdoings, the need of the hour is to reform the overall system of governance.
Country must be back in business without delay
Amid worker unrest and insecurity in the industrial sector, entrepreneurs and bankers have urged the new administration to focus on rebuilding confidence in the economy.
Attacks on businesses must be prevented
These incidents may have a serious impact on the economy
Major economic indicators showing signs of improvement: MCCI
Imports, remittances and forex reserves are likely to increase, the leading chamber says
Panel will include issues beyond its mandate in white paper: Debapriaya
The panel gets 90 days to prepare and submit the paper
Public institutions must perform better
Govt should overhaul ailing sectors, ensure accountability
Businesses pick up the pieces
Economic activities are finally returning to normal after three weeks of upheaval as both garment and non-garment factories started operations in full swing yesterday, according to industry insiders.
Economists outline top priorities for new finance adviser
The priorities of newly appointed finance adviser Salehuddin Ahmed should be to make key financial institutions functional immediately, control inflation, and present accurate data on exports, imports, GDP and important economic indicators, economists said.
No visible step from BB to ease importers’ woes
The Bangladesh Bank is yet to take any visible measure in line with a commerce ministry directive aimed at asking banks to earmark a portion of their foreign currency holdings to open letters of credit to import essentials ahead of Ramadan.
Money or no money, crisis persists
We are told that taka is available, and then it’s not there anymore.
Decision on the IMF loan January 30
Bangladesh’s $4.5 billion loan programme with the International Monetary Fund is expected to get the final approval on January 30, said the lender’s visiting top official yesterday.
Feeble monetary policy against challenges
Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.
IMF $4.5B Loan: Deputy MD to get a taste of Bangladesh
There would not be any further negotiations on the $4.5 billion loan programme during International Monetary Fund’s deputy managing director Antoinette Monsio Sayeh’s forthcoming visit to Bangladesh.
WB forecasts 5.2pc GDP growth
The World Bank yesterday delivered yet another bad news for the economy as the Washington-based multilateral lender pared back Bangladesh’s growth forecast for this fiscal year by 1.5 percent to 5.2 percent.
Time to hit the reset button
This year was always supposed to be a celebration of Bangladesh’s economic progress with the opening of Padma bridge and Dhaka metro rail and 100 percent electrification.
Remittance outflow crosses $100m -- thru legal channel
Outward remittances from Bangladesh through legal channels crossed the $100-million mark for the first time in 2021 as more foreigners are working in the fast-growing economy, data from a global organisation showed.
What contributes to the development of Bangladesh?
One could say the success story of Bangladesh’s economic development has been spectacular.
Only two options left for macroeconomic stability
Bangladesh does not have too many policy options other than reducing consumption of goods and services and making the exchange rate flexible in order to ensure macroeconomic stability, said a central bank report.