OPEN SKY
The concept of a public institution eludes our central bank
BB has recently restricted the journalists’ access for no reason in sight.
Why do people stash dollars under pillows?
It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.
New monetary policy is appropriate in direction, but inadequate in dosage
Why this behind-the-curve approach to fighting inflation?
Why our balance of payments won’t balance out post-election
With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.
A faulty tax policy equals a dehydrated housing sector
Under the Income Tax Act, 2023, the 'gain' tax on plots, flats and commercial establishments has doubled and redoubled.
Opinion / Rising risky loans and the talent of making excuses
The actual share of NPLs in total loans would have crossed 20 percent had BB not loosened the definition.
Surging government borrowing portrays a grim future
Recent trends seem to care too little about the wise art of deficit financing.
Monetary policy has been set free... but not really
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.
How India became a growth generator
Addressing Rabindranath Tagore, the American philosopher Will Durant once pronounced, “You alone are sufficient reason why India should be free.
Record economic growth and the tasks ahead
The 7.28 percent economic growth achieved in the last fiscal year, which the government has reported recently, is the second highest growth rate in Bangladesh's history.
Organising the calendar and advancing the clock
Economist William Nordhaus found a political business cycle for the United States. He showed how the behaviour of the US economic cycle depends on which party, Democrat or Republican, comes to power. Whether our economic cycle significantly varies based on any political party remains a subject of study.
How can Bangladesh move forward faster?
Banglade-sh placed 177th out of 190 countries in the world in the latest Doing Business Index, taking a step back from last year's position.
Posters and publicity syndrome
While visiting Princeton University in New Jersey recently, the idea of visiting Albert Einstein's residence tickled my mind.
Ten Years of The Great Recession: The American economy is back on its feet
The US economy has turned back. The last quarter posted three percent growth—much higher than their long-term two percent growth. US GDP has crossed the USD 19 trillion mark for a population size of 326 million, making per capita income USD 59,000 annually.
Private credit growth: Where is this money going?
Private credit growth hit a five-year high in August, giving rise to more concerns than hope.
A fair recruitment policy for a stronger government
America took capitalism and the market economy as the basis for its economic model from the first day of its independence in the late 18th century. In the subsequent centuries, the US continued its progress as the market economy fosters the culture of competition and empowers the customers to choose the best out of many alternatives.
Why reforming the public service sector is so crucial
This type of brainstorming is almost entirely absent in our bureaucracy. In most cases, you are a good officer as long as you can memorise the existing circulars and follow them to the T.
A sweet budget turns sour
This year's budget eventually turned sour though its components are fine. The major aspects of the budget can be fit into a pentagon model that has five components.
