Finance | The Daily Star
  • Smart priorities for the new government’s first budget

    Since 2015, Copenhagen Consensus and BRAC have collaborated on Bangladesh Priorities to create a bridge between policy and research. This is driven by the belief that, with limited resources and time, it is crucial that decisions are informed by what will do the most good for each taka spent.

  • High interest rate: Is it in the public interest?

    Interest rate is a much-talked-about issue as far as savings and investment are concerned.

  • What the rising GDP and per capita income are not telling us

    On April 4, 2019, the World Bank presented its latest economic forecast that Bangladesh's economy will grow at 7.3 percent in the

  • Saving our ailing banking sector

    Saving our ailing banking sector

    Bangladesh's banking sector faces a number of major challenges including rising nonperforming loans, credit concentrations, poor

  • Can informal digital commerce bring women's financial inclusion?

    When talking about financial inclusion, we often focus on closing the gender gap in financial account ownership as a means of empowering women.

  • Breaking new ground: Why Bangladesh should adopt digital financial services

    With the evolving time, banks have made some progress with regard to their technology and are trying to provide faster and better services to customers. However, these services are comparatively beneficial to a certain percentage of people from the urban areas.

  • No winds of change

    Riding on the long bull-run of 2017, investors in Bangladesh's stock exchange may have thought that perhaps the year 2018 will not be too bad either. After all if past record is any guide, election years typically mean more money being pumped into the market.

  • Bangladesh Road Transport Bill 2018 placed in Jatiya Sangsad

    Muhith keeps mum on banking sector

    Nothing budges Finance Minister AMA Muhith after yesterday’s spree of attacks as he kept from commenting over the banking sector at parliament today.

  • Why the business-as-usual approach cannot sustain graduation momentum

    As we know by now, Bangladesh has attained all three criteria for graduation from the least developed country (LDC) group.

  • Sanchayapatra and cost of borrowing

    There is a lot of controversy these days surrounding the interest rates offered by Sanchayapatra of the Department of National Savings, which the government uses to finance its budget deficit.

  • Buoyant but not resilient

    With the year 2017 drawing to a close, we are left with both positive and not-so-positive observations from the country's stock market. We all know that after the crash in 2010, the market has been in the doldrums for several years.

  • WTO Ministerial Conference - Rejuvenating free trade

    The Eleventh Ministerial Conference (MC11) of the World Trade Organization will be held on December 10-13 in Buenos Aires, Argentina. The meeting of this highest decision-making body of the WTO, which meets at least once every two years, is taking place at a critical moment of the free trade movement.

  • JS committee forms body to probe Agrani Bank ‘loan scam'

    A parliamentary body is formed a three-member sub-committee to give recommendations on a Bangladesh Bank report that got huge irregularities in giving loans from the state-run Agrani Bank.

  • To cut or not to cut?

    To cut or not to cut yield on national savings schemes (NSS)—that's one headache our finance minister is unable to get rid of. Will reducing rates on national savings schemes (NSS) have a strictly positive impact on our economy?

  • What to expect from the upcoming budget

    The upcoming budget for 2017-18 will cover the last full financial year before the general elections.

  • Spend more on the scholars

    In the 2016 budget, the Bangladesh government made the highest ever allocation to the education and science sector.

  • Illiberal stagnation

    Today, a quarter-century after the Cold War's end, the West and Russia are again at odds. This time, though, at least on one side, the

  • Monetary policy brandishing double-edged swords

    Detractors can fret about instability and balance of payment difficulties, but make no mistake, such risks will remain contained if capital controls are relaxed gradually (following a medium-term plan) and political conditions remain, by and large, stable. In fact, some of the foundations that merit a more liberal foreign exchange regime are already in place.

  • Flaws of demonetisation: Lessons from India's experience

    The saying goes “a wise man learns by the mistakes of others”. Many countries may go for demonetisation in near future looking at the success of India in curbing fake notes circulation and curtailing black money.

  • Open new banks or go for merger?

    At present, the banking sector is suffering from an acute shortage of skilled professionals. Except for a few foreign and local banks, the quality of staff drops drastically. Depth and breadth of knowledge is poor. This is an ominous sign for the industry since professional human resource is essential for its growth and development.

  • Will remittances remain low for long?

    If studies by Columbia University's Jagdish Bhagwatiand and IMF's Pierre-Richard Agenorare are to be believed, restrictions on foreign trade and capital flows gave birth to generations of these illegal markets across the world.

  • economic plan for japan

    A better economic plan for Japan

    It's been a quarter-century since Japan's asset bubble burst – and a quarter-century of malaise as one “lost decade” has followed another.

  • Reform or divorce in Europe

    In response to asymmetric shocks and divergences in productivity, there would have to be adjustments in the real (inflation-adjusted) exchange rate, meaning that prices in the eurozone periphery would have to fall relative to Germany and northern Europe.

  • Airing the IMF dirty

    Airing the IMF's dirty laundry

    Following the International Monetary Fund's controversial actions in the Asian financial crisis of 1998, when it conditioned liquidity assistance to...

  • RCBC ‘preserves ties with US banks’ despite heist role

    Rizal Commercial Banking Corp (RCBC) officials say they have preserved ties with major US banks despite the use of one of its branches in Manila by cyber criminals to funnel $81 million stolen from the Bangladesh central bank’s account at the Federal Reserve Bank of New York.

  • New monetary policy aims inflation control

    Bangladesh Bank today announced its new monetary policy with an aim at stabilising inflation at a moderate level keeping pace with the government's budgetary target of higher growth.

  • Why do some countries trade more than others?

    Heoretically, trade liberalisation results in productivity gains through increased competition, efficiency, innovation and acquisition of new technology.

  • New Education Budget: To fit the purpose

    The Tk. 49,000 crore or US$ 6.3 billion allocated for education, when divided by the estimated 40 million students in the country, amounts to Tk. 12,000 per student public spending for a year or about US$ 150 on average for all levels of education.

  • Of Obesity or Good Health?

    The Finance Minister has proposed a mega Tk.3.4 trillion budget for the upcoming fiscal year 2016-17. It is about 29 percent higher than the revised budget of the outgoing fiscal year.

  • How will the government arrange the money?

    I must say that the budget is too ambitious in terms of size. It's 15.5 percent larger than the current FY's initial budget and 29 percent higher than the revised one.