Bangladesh economy

November 30, 2022
November 30, 2022

Forex reserves dip below $34 billion

Bangladesh's foreign currency reserves fell below $34 billion today after the central bank sold $71 million in in the interbank market to help banks clear import bills, said a Bangladesh Bank official.

November 30, 2022
November 30, 2022

What modern states can learn from ancient Rome

Many economists today believe we are committing one of the biggest economic blunders, which has brought ruin to countless past societies.

November 30, 2022
November 30, 2022

FY23’s first budget support materialises

The Asian Infrastructure Investment Bank has become the first multilateral lender to respond to Bangladesh’s call for budget support this fiscal year to weather the impacts of the Ukraine war after its board approved $250 million last week.

November 29, 2022
November 29, 2022

Financial sector reforms necessary to get rid of default loans

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.

November 28, 2022
November 28, 2022

Consumption-led growth could slow economic expansion

Bangladesh may witness slower economic growth in the coming future if it retains the consumption-led growth, which will also exacerbate the widening inequality, said a development economist yesterday.

November 27, 2022
November 27, 2022

A probable global recession and Bangladesh

Dread and anxiety over the possibility of a global recession are rising around the world right now.

November 26, 2022
November 26, 2022

In a time of crisis, global leaders have failed us

Countries in Southeast Asia had until recently taken for granted a stable relationship between China and the US to preserve their own prosperity.

November 25, 2022
November 25, 2022

Small businesses suffer as sales drop for high inflation

Cottage, micro, small-and-medium enterprises (CMSMEs) in Bangladesh are suffering from significantly lower sales at a time when inflationary pressure has pushed up production costs, according to entrepreneurs.

November 25, 2022
November 25, 2022

Private sector driving Bangladesh towards $1-tr economy

Private companies are spearheading Bangladesh’s growth with their energy and optimism, putting the economy on a path to cross the $1-trillion mark by 2040, according to a top global consulting firm. 

November 24, 2022
November 24, 2022

3 binding conditions for IMF loan

The International Monetary Fund is set to tag three binding conditions and a host of structural reforms for the prospective $4.5 billion loan to Bangladesh, as the Washington-based multilateral lender looks to bring in lasting reforms in the country.