The government has kept borrowing from the Bangladesh Bank as commercial banks can’t come up with much-needed funds owing to the liquidity crunch.
Abdul Wahab, a security guard at an ATM booth of a private bank in the capital, works 16 hours a day.
While the government is distracted by elections, the financial economy will suffer
The government has trimmed its growth forecast for this fiscal year by a whole percentage point to 6.5 percent as the energy shortage and inflation dampened economic activities.
The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.
In the name of taming inflation, central banks have set themselves on a path to cause a recession.
Dealing with these two major challenges is essential for macroeconomic stability
The burden of imported inflation and supply-side implications of reduced imports will have adverse implications for economic growth and welfare, particularly of marginalised people.
Both global and local macro-challenges can have serious implications for the people of Bangladesh
The Bangladesh Bank (BB) has revealed its Monetary Policy Statement (MPS) for the period of July-December 2022 at a time when the country, and the world, is going through tough economic challenges.
Inflation surged to an eight-year high of 7.42 per cent in May, driven by a hike in food costs, underscoring the plight a majority of the population in Bangladesh is currently experiencing, official figures showed yesterday.
How do you control inflation in a market economy?
An analysis of the national budget 2022-23 for Bangladesh, amidst Covid recovery and the Ukraine-Russia war.
Dr Hossain Zillur Rahman, executive chairman of the Power and Participation Research Centre (PPRC), discusses the proposed national budget for the 2022-23 fiscal year with Eresh Omar Jamal of The Daily Star.
When reassurance was needed, he exuded panic.
The protruding question we’re left with is this: is the allocated sum for purchasing even merely enough to support our publishers in this grave time?
Is the government taking note of inflation inequality?
Price hike has been an alarming concern lately and it is not one to be taken lightly. From edible oils to rice and daily essentials, every section of our daily livelihood has been suffering lately due to inflation.
The world has entered another era of high inflation, and no country can escape from the heat wave of rising prices.
