global recession
Global recession seen likely in 2023- WEF survey
Two-thirds of private and public sector chief economists surveyed by the World Economic Forum (WEF) expect a global recession in 2023, the Davos-organiser said on Monday as business and government leaders gathered for its annual meeting.
Overcoming looming economic challenges in 2023
The core problems of our economy are rooted in the very nature of the country’s governance, which has long been neglected.
A probable global recession and Bangladesh
Dread and anxiety over the possibility of a global recession are rising around the world right now.
In a time of crisis, global leaders have failed us
Countries in Southeast Asia had until recently taken for granted a stable relationship between China and the US to preserve their own prosperity.
Are we on the brink of a global recession?
Global demand has consistently weakened this year, for multiple reasons, and the risk of recession is rising. If advanced economies were to fall into recession, developing countries in Asia would not be immune to the fallout. Policymakers in the region will need to monitor and carefully navigate a challenging economic environment to keep inflation in check and sustain growth.
Our fiscal space is narrowing fast
Both global and local macro-challenges can have serious implications for the people of Bangladesh
No more mega schemes, go for small rural projects: PM
Prime Minister Sheikh Hasina has asked the authorities concerned not to go for mega projects and instead take up small ones focusing on rural development and public welfare.
Post-Covid challenges for our labour market
Specific policy incentives are needed to stimulate the economy and revive the labour market.
Trouble brewing for RMG exporters as orders fall
Apparel exporters in Bangladesh are feeling the pinch of a looming global recession, persisting higher inflation and dragging severe fallout of the Russia-Ukraine war as orders from international buyers have fallen.
“Meant we’re in a better situation compared to others”
Foreign Minister AK Abdul Momen today said his comments were "twisted" as he meant that people of Bangladesh are in a far better situation compared to other countries amid global recession.
What does heaven look like?
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?
Bangladeshi people living in heaven amid global recession: Foreign Minister
"The people of Bangladesh are in heaven compared to other countries amid the global recession," said Foreign Minister Dr AK Abdul Momen today (August 12, 2022).
