The 50 years of development partnership between the World Bank and Bangladesh is marked with mixed feelings.
The main focus of the FY24 budget must be on economic stabilisation.
Deft macroeconomic management over the past three decades has served Bangladesh well. Total export earnings, buoyed by a heady pace of growth in earnings from readymade garments, and foreign remittances, climbed to $ 81.4 billion in FY2022, rising from a mere $5.2 billion in FY1990.
Macroeconomic stability has been a hallmark of Bangladesh’s development strategy. This has served the country well, especially in terms of providing a solid enabling environment for the private sector.
The annual national budget is the most important government statement of its socio-economic policy for the coming year. The
It is heartening to learn that the newly elected government is keen to address the menace of non-performing loans (NPL) in
The recently released special report of the Inter-governmental Panel on Climate Change (IPCC) paints a dire picture -- the global temperature has increased by over 1 degree centigrade over pre-industrial levels (mid-1800s).