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.
Giordano Korea CEO sees ‘familiar signs of promise’ as he plans a factory in economic zone
World Bank report on Bangladesh's investment prospects should be taken seriously
Bangladesh has entered a new chapter in its journey as the wheels of the economy are rolling again, with the country still healing from fresh wounds.
Decision makers need to be very cautious regarding who they put up to dispassionately clear the mess.
The crackdown on the nonviolent uprise of the students and the subsequent one thing leading to another chain of events locked down the economy, only figuratively reminiscent of the pandemic in 2020
While the micro and messo levels of losses are immediate and short term, macro level losses would be medium to long term.
Business and industrial activities resumed yesterday amid a semblance of normalcy after a spasm of violence, internet outage and a curfew that left deep wounds in almost all corners of the economy.
The mismatch of export data raises a fundamental question about the precision of economic reporting and its ramifications for Bangladesh's economy.
A longstanding political issue has now evolved from a financial concern to a structural problem in Bangladesh, according to noted economist Prof Rehman Sobhan.
The financial account has turned positive after more than a year, yet it might not be good news for Bangladesh since it is the result of the revision of national data in line with IMF prescription and does not indicate improvement in the health of the economy.
There is hope that the major challenges Bangladesh is facing due to high inflation and the foreign reserve crisis will stabilise gradually in fiscal year 2024-25, but consistency in maintaining a strict policy stance will be imperative to that end.
At the beginning of fiscal year 2023-24, there was an expectation that the country’s economy would recover from the shocks of the Covid-19 pandemic and other external pressures.
