It is necessary for keeping the wheels of growth running and attracting foreign investment in the new Bangladesh.
The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.
About 36 percent of the CEOs are expecting the economic growth rate to improve, compared to 31 percent in a similar survey conducted last year.
Planned industrial development remains elusive in Rangpur as construction of a second economic zone in the northern district of Bangladesh has been barred by red tape for 16 years now. Besides, the existing industrial enclave of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the region has fallen into disrepair, forcing entrepreneurs to search elsewhere to set up shops.
Around the world, diverse initiatives are being introduced to manage population changes.
Ironically, under the shadow of stability, the quality of economics and politics has been compromised
The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.
No significant economic growth is possible in Bangladesh without a satisfactory level of foreign exchange reserves, said Syed Ershad Ahmed, president the American Chamber of Commerce in Bangladesh (AmCham), yesterday.
Turning potential into reality calls for decisive policy action to foster an enabling environment and to take the necessary steps forward, underpinned by greater commitment, collaboration, and regional cooperation.
It is necessary for keeping the wheels of growth running and attracting foreign investment in the new Bangladesh.
The fluctuation indicates that the growth of the economy, when measured in dollars, has been lower than initially projected, due to the weakening of the taka.
About 36 percent of the CEOs are expecting the economic growth rate to improve, compared to 31 percent in a similar survey conducted last year.
Planned industrial development remains elusive in Rangpur as construction of a second economic zone in the northern district of Bangladesh has been barred by red tape for 16 years now. Besides, the existing industrial enclave of the Bangladesh Small and Cottage Industries Corporation (BSCIC) in the region has fallen into disrepair, forcing entrepreneurs to search elsewhere to set up shops.
Around the world, diverse initiatives are being introduced to manage population changes.
Ironically, under the shadow of stability, the quality of economics and politics has been compromised
The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.
No significant economic growth is possible in Bangladesh without a satisfactory level of foreign exchange reserves, said Syed Ershad Ahmed, president the American Chamber of Commerce in Bangladesh (AmCham), yesterday.
Turning potential into reality calls for decisive policy action to foster an enabling environment and to take the necessary steps forward, underpinned by greater commitment, collaboration, and regional cooperation.
Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.
