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.
Over the last five decades, the relationship between Bangladesh and Japan has flourished and evolved into a mutually beneficial and symbiotic partnership, bringing about positive outcomes for both countries.
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
One of the first things Banga would have to tackle is reforming and modernising the institution, something that stakeholders have asked for across sectors.
High commodity prices in the global market are often used as an excuse to justify price hikes in the domestic market, even if there is no direct correlation
Arresting high prices requires more focused and extensive actions by the government.
Achieving gender equality requires collective effort from all members of society.