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.
Increased private, foreign investments key to our economic recovery
The political unrest and the garment workers’ agitation in the apparel sector have started to take a toll on the economy that is already grappling with elevated inflation, a depleting dollar stockpile, slowing exports and decelerating private sector activities.
Authorities should take sensible steps to restore normalcy
Bangladesh Bank is preparing a roadmap for the next government to address the three major issues of exchange rate instability, high inflation and high defaulted loan ratio bearing upon the economy.
Investing more in research and development vital for future economic growth
Pressure on the external sector of Bangladesh's economy is expected to persist in the current financial year, said a top official of the World Bank yesterday
The country's economyis going through a difficult time, said Saiful Islam, president of the Metropolitan Chamber of Commerce and Industry, yesterday.
Recent figures show alarming rise in defaulted loans
Says Debapriya Bhattacharya
Leniency towards habitual defaulters led to this situation