Diversifying Bangladesh’s export basket has been a high-priority policy objective for many years.
Some banks are simply non-viable and suffer from inherent governance problems.
There is ample evidence showing that both domestic and foreign direct investment (FDI) have a significant positive effect on economic growth.
The finance ministry has identified seven major challenges including tight monetary and fiscal policies, taken to tame elevated inflation levels for more than three years, in next fiscal year that may increase unemployment.
The estimate is almost close to the projection by the International Monetary Fund’s (IMF) 3.8 percent for the year.
The silver lining is that the economy isn’t falling apart
The Bangladesh Bank will consider slashing the policy rate to 7 percent by March, provided that rampant inflation, which has hovered above 9 percent for nearly two years, eases to 5 percent by then, Governor Ahsan H Mansur said yesterday.
Bangladesh's agro-processed exports are already rising.
We have the potential to be a globally competitive country politically and economically.
Appellate Division’s observation on defaulted loans is right on the mark
In light of the economic hardships Bangladesh has been going through, there were certain expectations from the national budget of 2023-24 fiscal year.
Premier Cement Managing Director Mohammed Amirul Haque says
With all the problems Bangladesh has right now, Moody’s downgrading of its sovereign rating is one of the worst things that could have happened.
Bangladesh government should own up to its mistakes
It is not clear how the money needed to implement this ambitious budget will be sourced.
Bangladesh stands at the threshold of a paradigm shift in technological development as it is poised to change gear into a faster mode of economic development, and realising its vision of becoming a developed nation by 2041.
Hiring in the United States heated up again in May, according to government data released Friday, with the strong labor market defying expectations of a slowdown amid efforts to cool the world’s biggest economy.
In 2019, when AHM Mustafa Kamal took charge as the finance minister, the Bangladesh economy was taxing for take-off for its long-haul flight to the developed country club.
Sustaining the development that has taken place in Bangladesh in the past 14 years and curbing inequality are key major challenges facing the economy owing to the fallout of the coronavirus pandemic and the Russia-Ukraine war, said Planning Minister MA Mannan.
