However, the findings raised questions among economists, who were puzzled by the growth at a time when the economy had been facing a slowdown due to high inflation, a downtrend in export growth, and falling imports.
Persistent high inflation, high debt burden and slow economic growth are the three challenges facing the economy, noted economist Debapriya Bhattacharya said yesterday.
Persistent inflation, a snowballing debt burden and slow economic growth are the three challenges to Bangladesh, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD)
The reason for continued high consumer prices in the country despite prices dropping in the international market is a combination of policy and institutional failure.
For the first time, there will be an Economic Partnership Agreement with a country with a major economy.
Bangladesh’s economy has been passing through a challenging time for the past two years amidst growing pressure on foreign exchange reserves, the sharp depreciation of the taka and an elevated level of inflation
Central bank should read the market, revise rules accordingly to ensure stability
Madaripur case shows how haphazardly these programmes are being run
Of course. Despite challenges around, we have many reasons to be optimistic about Bangladesh.
Far from being a year in which our economy recovered, 2022 proved to be a year where we discovered numerous cracks in it.
The total volume of non-performing loans (NPLs) has increased by more than three times in the last 10 years since 2012, according to a report of the Centre for Policy Dialogue (CPD) revealed today.
Even though the amount of our default loans is over Tk 130,000 crore, according to the government accounts, IMF suggests it is almost over Tk 300,000 crore.
Despite economic progress over time, Bangladesh’s financial sector continues to be dominated by banks that stand on shaky ground.
The government must implement economic policies that deal with the ongoing crisis
“It’s going to get ugly, the recession,” and there will be “a financial crisis,” Roubini said.
Interventions must involve fiscal policy to address our fundamental economic issues
Interventions must involve fiscal policy to address our fundamental economic issues
IMF deal is further proof that economic reforms are badly needed
Bangladesh needs proper macroeconomic management to avoid middle income trap