The mismatch of export data raises a fundamental question about the precision of economic reporting and its ramifications for Bangladesh's economy.
The FY 2024-25 budget falls short of assessing the depth of the economically challenging time.
Mergers cannot be based on the arbitrary decisions of authorities. This amounts to an imposition of the liability of poor banks on well performing banks.
Due to lack of coordinated and coherent measures, inflation continues to rise, notwithstanding the abolition of the interest rate cap since July 2023.
The upcoming budget should adopt a balanced approach to address economic slowdown and inflationary pressure.
The reason for continued high consumer prices in the country despite prices dropping in the international market is a combination of policy and institutional failure.
The mounting debt servicing obligations also threaten to exacerbate the strain on the country’s low foreign exchange reserves.
It is especially important now as Bangladesh is set to graduate from its LDC status and become a developing country by 2026.
In light of the upcoming LDC graduation, exporters need to proactively prepare for changes.
The findings of the WEF’s latest Global Risks Report are quite relevant to Bangladesh
The year 2023 was indeed one of the most difficult ones in the recent history of Bangladesh in terms of economic performance.
Unless a holistic approach is taken, the sector will continue to fall short of international standards.
Bangladesh’s interest in BRICS arises from various factors.
It may be considered a step towards Bangladesh’s attempt to diversify exports, attract foreign investment, sign free trade agreements, and ultimately enhance economic progress.
Ironically, under the shadow of stability, the quality of economics and politics has been compromised
It seems there exists a nexus among the policymakers, bank directors, and defaulters which facilitates the process of swindling depositors’ money.
The lack of coherence between the fiscal and monetary policy stances will make the monetary policy less effective in controlling inflation.
There is not much in it to make us feel better in terms of its focus and measures.