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.

August 4, 2022
August 4, 2022

July’s economic data: Dark clouds starting to clear

Inflation bucked its runaway trend in July, becoming the third data point this month after remittance and import to provide some relief to a government on its toes about the direction the economy was taking.

August 2, 2022
August 2, 2022

The anatomy of macroeconomic challenges in Bangladesh

Despite the macroeconomic success, Bangladesh faces several long-standing challenges.

July 29, 2022
July 29, 2022

“Bangladesh, with its challenges, can be a development model for African nations”

Name a nation where 44 percent of people live in extreme poverty, women have an average of 4.5 children, and the per capita income is less than $500? The answer -- Bangladesh around 1990.

July 8, 2022
July 8, 2022

A sobering call for austerity

In a rare public call, our prime minister has asked us all to maintain austerity.

July 7, 2022
July 7, 2022

The two economic problems we can’t seem to overcome

There are two major economic problems that have been plaguing Bangladesh for a long time: Rising non-performing loans (NPLs), and money getting laundered out of the country.

June 29, 2022
June 29, 2022

Fuel prices may go up by at least Tk 10

The government is bent on raising fuel prices by Tk 10-30 each litre, despite vehement opposition from consumer rights groups and experts.

June 28, 2022
June 28, 2022

NBR set to miss revenue generation target again

The National Board of Revenue (NBR) reached 76 per cent of its Tk 330,000 crore revenue generation target in the outgoing fiscal year, meaning it is going to miss its full-year goal once again.

June 16, 2022
June 16, 2022

Metro rail can save Tk 3,500cr every year

The country’s first metro rail, once launched, will save around Tk 3,500 crore annually in terms of travel time and vehicle operation costs, metro rail authorities said.

June 12, 2022
June 12, 2022

7.5pc GDP growth target unrealistic, says economist

The national budget for fiscal year 2022-23 predicted a gross domestic product (GDP) growth of 7.5 per cent, which is unrealistic and not objective, AB Mirza Azizul Islam, former adviser to the caretaker government, said yesterday.

June 10, 2022
June 10, 2022

Budget 2022-23: Inflationary concerns not addressed adequately

If one looks at the inflationary measures that are proposed in the FY2022-23 budget, there are ample reasons to be frustrated.