Recent observations reveal a concerning trend of underfunding in renewable energy projects.
Through advanced coal-intensive technologies, the government is trying to keep coal alive and further expand the domestic use of imported LNG.
The energy and power sector of Bangladesh can be said to have entered its third phase of development.
The weak financial state of the BPDB is partly due to the high per unit price of electricity
A set of parallel initiatives need to be undertaken targeting the structural weaknesses of the gas sector and power sector development to ensure energy transition.
Bangladesh has been facing persistent high inflation over the last one year
Immediate subsidy reform is needed to streamline spending for the energy sector.
The latest energy master plan does not align with Bangladesh's clean energy targets
The government closed down 25 jute mills operated under the Bangladesh Jute Mills Corporation (BJMC) on July 1. It was one of the difficult political decisions taken by the ruling party since it formed the government in 2009. Such a decision hints at the major political shift of the ruling party – from promoting state-owned enterprise development towards private sector led enterprise development.
The resilience of the domestic agriculture sector mainly of the crop sector appears to be in a weak state. Without proper policy intervention the pressure on the agriculture sector would increase further and would cause a number of challenges on food security for a large section of people in the coming months.
The budget for fiscal 2020-21 is said to be one of the most challenging financial bills in Bangladesh’s recent history.