The national budget of FY2024-25 is set to be announced at a time when Bangladesh’s economy is going through a difficult phase.
When it comes to the simultaneous existence of growth and crisis, Bangladesh has become a model.
Bangladesh will face a severe crisis in 2026 as the government has availed a significant amount of loans from foreign lending agencies and local banks which it will have to repay, said Bhattacharya.
Hossain Zillur Rahman discusses the nuances of inflation in Bangladesh with The Daily Star.
The verdict so far is that the year will see slow GDP growth but also experience lower inflation.
The Bangladesh Bank is going to take a raft of policy measures to tackle inflationary pressure, volatility in the foreign exchange market and growing non-performing loans (NPLs) and give a much-needed boost to the forex reserve.
When economic conditions are normal, the importance of the protective role of democracy is often not felt.
At least 43 listed companies and mutual funds fell to losses in July to December of the ongoing financial year after reporting profits in the identical half a year ago.
Bangladesh faces five major risks in the next two years with sustained inflation, debt crises and severe commodity price shocks being the top three challenges for its economy, according to a report released by the World Economic Forum (WEF).
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.
Will big loan defaulters continue to be untouched?
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.
Global demand has consistently weakened this year, for multiple reasons, and the risk of recession is rising. If advanced economies were to fall into recession, developing countries in Asia would not be immune to the fallout. Policymakers in the region will need to monitor and carefully navigate a challenging economic environment to keep inflation in check and sustain growth.
The government must implement economic policies that deal with the ongoing crisis
Do we have the political will to come out of it?
PM’s call in this regard is a welcome one
Government must restrain officials from going on unnecessary foreign trips
Bangladesh’s economic situation may worsen thanks to internal reasons mainly political crisis that will appear in the days to come rather than the external factors, said MM Akash, economics professor of Dhaka University.
Government must adapt to new reality and go for long-term measures
