Economy
Bring reforms in revenue generation, exchange rate
Reforms need to be brought about over revenue generation, currency exchange rate, banking and public expenditure, the four areas vital to the country’s economic performance, through the upcoming national budget, suggested an economist yesterday.
Traffic congestion costs Old Dhaka its title as key trading hub
Traffic congestion inflicted by unplanned urbanisation and expansion reduces the country's overall GDP by 2.9 percent.
The poor’s debt burden gets heavier
The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.
Firms becoming more transparent in financial statements
The use of the document verification system (DVS) has increased in Bangladesh in the last couple of years, plugging the scope for unruly firms to submit forged audit reports. The number of audit reports signed by accountants by securing codes from the DVS rose by nearly 2 percent year-on-year to 38,316 in 2021-22 compared to a year prior, data from the Institute of Chartered Accountants of Bangladesh (ICAB) showed.
Can Bangladesh boost agriculture production to reduce import?
Bangladesh's economy heavily depends on garment exports and remittances for its foreign exchange reserves, with limited diversification in agricultural products. Despite being an agrarian society, it imports key agriculture-related products, straining reserves.
BOOK REVIEW: NONFICTION / Bangladesh beyond geopolitics in a new multipolar world: what’s new in foreign policy trajectory?
Both the China and India factors in Bangladesh’s foreign policy decisions, as identified in Li Jianjun and Deb Mukharji’s chapters, will be continuously evolving and contributing factors that would perhaps influence Bangladesh’s policies with other countries as well.
Enhancing rural women's financial inclusion
Rural women have been challenged by loan rates exceeding 25 percent, making access to financial services a distant dream for many
The ravages of wealth
Bangladesh’s wealth inequality keeps getting wider
Opinion / Bangladesh's SDG performance: A changed approach can help us get ahead
Despite moderate performance in several SDGs, Bangladesh faces major challenges in actually achieving them.
Tales of a development sector doyen
The book doesn’t only become a memoir of the writer’s life as a development worker, but also a tribute to the late Sir Abed and his magnanimity as a human being and a visionary.
Rein in tax exemptions
Known knowns -- is what best sums up the prognosis of the visiting International Monetary Fund mission so far as it looks to thrash out the conditions for the prospective $4.5 billion loan.
Post-Covid challenges for our labour market
Specific policy incentives are needed to stimulate the economy and revive the labour market.
Charting the middle-income journey
Bangladesh needs proper macroeconomic management to avoid middle income trap
IMF Loan Talks: Here's how we need to prepare
The economy needs firm handling to ensure the situation doesn't turn into a crisis.
Good planning requires accurate data
An economy without an independent source of data is like an aircraft flying without its airspeed sensors.
Top 5 Inflations in History
Inflation is the bad boy of economic phenomena.
Government’s decision to hike fuel prices will hurt every section of society
The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.
RMG makers must adapt to the ongoing volatility
It seems that just as we recover from one crisis – the global pandemic – another one begins.
Ali Riaz, UPL discuss 'More Than Meets The Eye: Essays on Bangladeshi Politics'
Ali Riaz has tried to determine the current political trends as well as trends that may emerge in the future with his keen insight.
