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.
Rescue plan for 2018
While we learned not to put all eggs in one basket, dumping all rotten apples in one basket might seem rather prudent. When two
What the banking sector gets and loses
The budget, which is basically an annual outline of fiscal policy, has over time turned into an all-encompassing document for the
Why politicians and economists don't get along
Rarely have we seen both politicians and economists dance together and play the same tune on the state of the economy.
A pentagon model to make the budget simpler
If we compare an economy to an aeroplane, fiscal policy and monetary policy would be its two wings.
The ills of too much maya
The word maya originates from Sanskrit, meaning attraction that you feel for your loved ones with a sense of bond and attachment.
Fighting the financial hemorrhage
We live in a notoriously polluted city of the world, and still we choose to live here because we have a dream. We live in a system where
Roadblocks to our potential growth
When a mother claims that her son could have achieved a grade of A though he actually earned B+, we understand the son performed below his potential and did not work to his fullest capacity for the test.
Why have we failed to promote tourism?
We ‘gloriously' occupied the 125th position among 136 nations of the world in the Tourism Competitive Index 2017 – we have been ranked the worst place to visit in South Asia.
How to prevent the free fall of remittances
On the sidelines of an investment summit in Singapore in 2015, I wanted to act like Caliph Haroon and make a foray into the illegal remittance market to find out why people prefer hundi (used as a form of remittance instrument to transfer money from place to place, as a form of credit instrument or IOU to borrow money and as a bill of exchange in trade transactions) over legal channels.
How to 'empower' economic growth
Empowering' economic growth should be the prime agenda for the nation right now when growth is slowing down. This is a challenging task that can be done by ensuring the marriage of optimal investment policies with the right institutions.
