The previous government, led by Sheikh Hasina, ignored repeated warnings from experts on various economic issues in Bangladesh, according to Mohammed Farashuddin, a former governor of the country’s central bank..“The Hasina administration did not heed warnings from economists on the lack o
Bangladesh’s worsening economic crisis has spun off a price shock with food inflation crossing 14 percent in July for the first time in 13 years.
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.
Just as social media competes for individuals’ attention, so do global crises.
The nationwide blockade being observed by several political parties in Bangladesh is taking its toll on businesses as sales have plunged. The transport blockade, set to enter its fifth phase on Wednesday, aims at forcing the current government to step down and pave the way for holding the next parliamentary election under a non-partisan interim government.
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.
Through the RTI Commission of Sri Lanka, citizens could weight in on matters impacting the nation.
Bangladesh government should own up to its mistakes
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
Large industries, SMEs and the flood-hit agriculture sector will enjoy a flexible loan repayment facility up to December this year as Bangladesh Bank yesterday revived the partial loan moratorium amid a deepening economic crisis.
Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said.
Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity.
Right now, Sri Lanka is going through its worst economic crisis since independence in 1948.
Bangladesh runs the risk of losing duty benefits on its annual exports of more than $3 billion to the UK, as Britons voted to leave the
Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.
Ultimately, upholding women's rights will not only make economies work for women, it will also benefit societies as a whole by creating a fairer and more sustainable future.
