CPD estimated that around 50 percent of this amount has been lost to corporate tax evasion.
Restoring macroeconomic stability should be the top priority for policymakers amid a challenging environment for the interim government, the Centre for Policy Dialogue (CPD) wrote in its budget recommendations yesterday.
The caution comes as consumer prices, despite easing in the last two months, have stayed over 9 percent for the 24th month in a row
“Steps taken by the government so far failed to bring down prices of essential commodities,” said CPD Executive Director Fahmida Khatun
All the reform commissions that have been set up might not be able to rid the country of crony capitalism without wholesale structural reforms, said Rehman Sobhan, chairman of the Centre for Policy Dialogue.
More than 16 percent of Bangladeshi businesses identified corruption as the biggest obstacle to their operations, according to a survey conducted between April and July of this year.
Around 17% of businesses identified corruption as biggest challenge, according to a CPD survey
The think-tank suggested adopting a short-term build-operate-transfer model to address infrastructure issues
The study highlighted that the damage represents 1.81 percent of the national budget for fiscal year (FY) 2024-25
Several banks in Bangladesh are clinically dead but are being kept alive through bailouts, said Fahmida Khatun, executive director of the Centre for Policy Dialogue (CPD).
The suggestion comes after Sundarbans’ honey was displayed as a GI product of India
The budget for the next fiscal year may not be able to end the chronic gas shortage, cut import reliance and guarantee credible supply of electricity as it has fallen short of taking up sufficient measures needed to ensure energy sustainability, the Centre for Policy Dialogue (CPD) said yesterday.
People in Bangladesh have been forced to spend more on food compared to consumers in other countries, and the prices of essentials have surged to such an extent that they have become luxury items for many, the Centre for Policy Dialogue (CPD) said yesterday.
The government is not moving at full throttle in bringing discipline to the banking sector, implementing reforms wholeheartedly, taking measures against syndication, and bringing money launderers under the rule of law, said a top economist.
Prices of various essential items have gone up to the extent that they seem luxury goods for many people, particularly poor and vulnerable people, said the Centre for Policy Dialogue (CPD) today.
The financial oligarchy under crony capitalism in the country is using banks as vehicles to fulfil their goals, said Fahmida Khatun, executive director of Centre for Policy Dialogue (CPD)
Bangladesh can raise an additional $32.6 billion in revenues annually within the next four years if the electronic filing of tax returns can be ensured, said the Centre for Policy Dialogue (CPD) yesterday.
At least 20 licences are required to establish a garment factory in Bangladesh, which eats away at time and money, said Khondaker Golam Moazzem, research director of the Centre for Policy Dialogue (CPD).
Persistent inflation, a snowballing debt burden and slow economic growth are the three challenges to Bangladesh, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD)
