The national budget of FY2024-25 is set to be announced at a time when Bangladesh’s economy is going through a difficult phase.
When it comes to the simultaneous existence of growth and crisis, Bangladesh has become a model.
Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.
Hossain Zillur Rahman discusses the nuances of inflation in Bangladesh with The Daily Star.
The verdict so far is that the year will see slow GDP growth but also experience lower inflation.
The Bangladesh Bank is going to take a raft of policy measures to tackle inflationary pressure, volatility in the foreign exchange market and growing non-performing loans (NPLs) and give a much-needed boost to the forex reserve.
When economic conditions are normal, the importance of the protective role of democracy is often not felt.
At least 43 listed companies and mutual funds fell to losses in July to December of the ongoing financial year after reporting profits in the identical half a year ago.
Bangladesh faces five major risks in the next two years with sustained inflation, debt crises and severe commodity price shocks being the top three challenges for its economy, according to a report released by the World Economic Forum (WEF).
Good governance is a must if we are to get out of this crisis
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
Inflation leads to the devaluation of a particular currency.
Congratulations to you, my dear countrymen, welcome to heaven. But wait, heaven is…dark? One might be forgiven for thinking that here in Bangladesh at the moment, as cyclical power cuts literally leave millions in the dark for hours, and fuel prices make others see stars. It might become cheaper to buy a vehicle than the actual costs of buying a week’s fuel for it on a consistent basis. So, get walking, go green, when better than now?
Like much of the world, Bangladesh’s economy is facing strong headwinds and turbulence.