When commitments don’t match with actions, the budget becomes methodologically disturbing too.
BB has recently restricted the journalists’ access for no reason in sight.
It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.
Why this behind-the-curve approach to fighting inflation?
With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
Under the Income Tax Act, 2023, the 'gain' tax on plots, flats and commercial establishments has doubled and redoubled.
The actual share of NPLs in total loans would have crossed 20 percent had BB not loosened the definition.
Recent trends seem to care too little about the wise art of deficit financing.
While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Understanding the nation’s expectations in designing the budget for FY2024 is essential
The news of Bangladesh occupying the second-highest position in South Asia in terms of a bad loan ratio is no surprise.
The World Happiness Report 2023 has placed Bangladesh in the 118th position out of 137 countries.
What has led to bank failures in the US may look different from what Bangladeshi banks are living through now, but the bottom line is the same.
“Is Bangladesh a place of looters?” – this question was raised by the High Court last month.
Bangladesh’s economic leadership must devote its integrity to ensuring quality growth along with lower income inequality.
Bangladesh Bank has missed the train by caving in to the pressure of the finance ministry, which dictates policymaking at the central bank being driven by short-term political interests.
The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.