Mamun Rashid

Good budget, bad budget

The finance minister on Thursday placed the budget for fiscal year 2024-25, which is 4.6 percent bigger than the ongoing one. The increase is much lower than the average inflation seen in the last few years, reflecting the monetary constraints the government is facing as well as some of the realities of the crisis which commands a certain extent of belt-tightening

4d ago

AMA Muhith: a defining character

Abul Maal Abdul Muhith, the former finance minister of Bangladesh, and more importantly, one of the architects of Bangladesh's economic development, left an undeniable legacy upon his passing, more than two years ago.

1w ago

How do we stabilise the economy?

Bangladesh’s economy is struggling with higher inflation, depletion of foreign exchange reserves, pressure on the exchange rate, shrinking capital inflows, and pressure on the budget.

2w ago

What brought us here may not take us there

Thanks to HSBC Bangladesh, I was privy to a presentation on Asia economic outlook with a special focus on Bangladesh.

3w ago

Where is the economy heading?

This is exactly the question I came across from the investment community in the US, India, and Singapore in the last one month or so. They asked where the exchange rate may settle down and the local currency borrowing rate may go. If they invest in Bangladesh, will they be able to take back their return on investments timely and easily?

1m ago

Expectations for a good budget

How do you define a good budget? Should it be all-inclusive? Should it be too large? Or should it only focus on the possible future of the nation and allocate more to education and healthcare?

1m ago

A tribute to Mirza Azizul Islam

Mirza Aziz, a strong figure in Bangladesh’s bureaucracy, has made significant contributions to the nation’s economic development

1m ago

Is Bangladesh's economy showing signs of recovery?

As Bangladesh concluded 2023, it faced a series of macroeconomic challenges, including soaring inflation, dwindling foreign currency reserves, a weakened taka against the US dollar, slowing exports, lower-than-expected remittance inflows, and a troubled banking sector.

1m ago
June 8, 2024
June 8, 2024

Good budget, bad budget

The finance minister on Thursday placed the budget for fiscal year 2024-25, which is 4.6 percent bigger than the ongoing one. The increase is much lower than the average inflation seen in the last few years, reflecting the monetary constraints the government is facing as well as some of the realities of the crisis which commands a certain extent of belt-tightening

June 2, 2024
June 2, 2024

AMA Muhith: a defining character

Abul Maal Abdul Muhith, the former finance minister of Bangladesh, and more importantly, one of the architects of Bangladesh's economic development, left an undeniable legacy upon his passing, more than two years ago.

May 26, 2024
May 26, 2024

How do we stabilise the economy?

Bangladesh’s economy is struggling with higher inflation, depletion of foreign exchange reserves, pressure on the exchange rate, shrinking capital inflows, and pressure on the budget.

May 19, 2024
May 19, 2024

What brought us here may not take us there

Thanks to HSBC Bangladesh, I was privy to a presentation on Asia economic outlook with a special focus on Bangladesh.

May 12, 2024
May 12, 2024

Where is the economy heading?

This is exactly the question I came across from the investment community in the US, India, and Singapore in the last one month or so. They asked where the exchange rate may settle down and the local currency borrowing rate may go. If they invest in Bangladesh, will they be able to take back their return on investments timely and easily?

April 28, 2024
April 28, 2024

Expectations for a good budget

How do you define a good budget? Should it be all-inclusive? Should it be too large? Or should it only focus on the possible future of the nation and allocate more to education and healthcare?

April 21, 2024
April 21, 2024

A tribute to Mirza Azizul Islam

Mirza Aziz, a strong figure in Bangladesh’s bureaucracy, has made significant contributions to the nation’s economic development

April 16, 2024
April 16, 2024

Is Bangladesh's economy showing signs of recovery?

As Bangladesh concluded 2023, it faced a series of macroeconomic challenges, including soaring inflation, dwindling foreign currency reserves, a weakened taka against the US dollar, slowing exports, lower-than-expected remittance inflows, and a troubled banking sector.

April 7, 2024
April 7, 2024

Will bank mergers help?

The most recent bank merger proposal in Bangladesh reflects a pressing need for action due to Bangladesh Bank's determination to instill essential discipline and oversight in the financial sector, which is plagued by widespread irregularities.

March 31, 2024
March 31, 2024

Insolvency and bankruptcy code of India: guide for Bangladesh

The establishment of the Insolvency and Bankruptcy Code (IBC) in India was critically acclaimed as a success story since it led to impressive changes in the Indian banking system and set a standard for debt recovery, credit culture, and the entire financial system.

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