Embassy says after US delegation meets foreign adviser
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.
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.
These incidents may have a serious impact on the economy
Imports, remittances and forex reserves are likely to increase, the leading chamber says
The panel gets 90 days to prepare and submit the paper
Govt should overhaul ailing sectors, ensure accountability
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.
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.
It appears normal service will resume with fiscal 2022-23’s budget, which will see the return of double-digit growth in size -- a practice introduced by former finance minister AMA Muhith.
Public demonstrations, political protests calling for the government to resign, and long queues at gas stations and grocery stores have been a regular feature in Sri Lanka for the last few weeks.
South Asia has been one of the fastest growing regions in the modern world, driven mostly by India, Bangladesh, Sri Lanka, and Pakistan.
In dispelling the confusion being spread about the mega projects being implemented in the country Prime Minister Sheikh Hasina today reaffirmed that her government remains cautious so the loans don’t become a burden.
The estimated poverty in Bangladesh has declined by 0.6 per cent in the 2021 fiscal year, riding on the strong economic recovery amid the Covid-19 pandemic, according to the latest report of the World Bank.
Planning Minister MA Mannan today said that measuring and assessing the economic future of Bangladesh through Sri Lanka’s ongoing financial crisis cannot be acceptable.
Prime Minister Sheikh Hasina today said the government has been working to build a vibrant blue economy by utilising marine resources for Bangladesh’s economic prosperity.
Prime Minister Sheikh Hasina says Bangladesh has attained an ability to advance further by competing any nation of the world and asserted that none can pull the country backward any more.
Bangladesh’s economy will make one of the biggest jumps between 2020 and 2034 on the back of demographic dividend and rising per capita income, according to the World Economic League Table 2020.
Much has been said about the tremendous growth momentum of the Bangladesh economy. It was amongst the fastest growing nations in the world in the past decade, as per data from the state-run Bangladesh Bureau of Statistics -- and the trend is expected to continue into the near future, too.