GDP

Govt’s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

High time to reduce demand, tackle inflation head-on

The government should target reducing demand through ensuring market-based interest and exchange rates as well as cutting allocation for infrastructure projects to rein in inflation and protect the foreign currency reserves, said economists yesterday.

Bangladesh’s revenue-GDP ratio way lower than peers

Bangladesh’s revenue-GDP ratio is a third of the median seen in the countries that have the same credit rating, highlighting the country’s weak capacity to finance development and support growth, according to American credit ratings agency Fitch Ratings.   

Public expenditure stays at lower level

Bangladesh’s public expenditure is not growing in keeping pace with the steadily expanding economy as it struggles to raise adequate revenues, thus failing to ensure full implementation of development programmes and provide expected services to its citizens.  

Private investment falls for second time in 3 years

The private investment-to-GDP ratio in Bangladesh declined in the current fiscal year owing to a lower confidence among investors amid the persisting dollar crisis and global uncertainty, higher inflation and a fall in demand for goods in international markets.

GDP to expand by 6.03% this fiscal year

Bangladesh's economy would grow by 6.03 per cent in the current fiscal year of 2022-23, according to the provisional projection of the Bangladesh Bureau of Statistics (BBS).

Young entrepreneurs in agriculture: The new driving force

Agriculture accounts for approximately 13.6 per cent of Bangladesh’s GDP and employs more than 40.6 per cent of the labour force. As technology advances, so do agricultural applications, ushering in a new era of industrial upheaval.

What’s in store for our agricultural production potentials?

Both the government and private sector should come forward and encourage climate-smart agriculture as well as the production of non-local crops, which have immense possibilities. It would not only increase the productivity of our agriculture sector, but also maintain self-sufficiency and ensure food security in Bangladesh. 

IMF Loan Programme: Getting Bangladesh ready for LDC graduation

The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.

June 25, 2023
June 25, 2023

Govt’s borrowing goes up amid falling revenue

The government’s dependence on borrowing to finance national budgets has increased over the past decade as revenue collection has failed to keep pace with the ballooning public expenditure.

June 13, 2023
June 13, 2023

High time to reduce demand, tackle inflation head-on

The government should target reducing demand through ensuring market-based interest and exchange rates as well as cutting allocation for infrastructure projects to rein in inflation and protect the foreign currency reserves, said economists yesterday.

June 8, 2023
June 8, 2023

Bangladesh’s revenue-GDP ratio way lower than peers

Bangladesh’s revenue-GDP ratio is a third of the median seen in the countries that have the same credit rating, highlighting the country’s weak capacity to finance development and support growth, according to American credit ratings agency Fitch Ratings.   

May 22, 2023
May 22, 2023

Public expenditure stays at lower level

Bangladesh’s public expenditure is not growing in keeping pace with the steadily expanding economy as it struggles to raise adequate revenues, thus failing to ensure full implementation of development programmes and provide expected services to its citizens.  

May 21, 2023
May 21, 2023

Private investment falls for second time in 3 years

The private investment-to-GDP ratio in Bangladesh declined in the current fiscal year owing to a lower confidence among investors amid the persisting dollar crisis and global uncertainty, higher inflation and a fall in demand for goods in international markets.

May 11, 2023
May 11, 2023

GDP to expand by 6.03% this fiscal year

Bangladesh's economy would grow by 6.03 per cent in the current fiscal year of 2022-23, according to the provisional projection of the Bangladesh Bureau of Statistics (BBS).

February 13, 2023
February 13, 2023

Young entrepreneurs in agriculture: The new driving force

Agriculture accounts for approximately 13.6 per cent of Bangladesh’s GDP and employs more than 40.6 per cent of the labour force. As technology advances, so do agricultural applications, ushering in a new era of industrial upheaval.

January 30, 2023
January 30, 2023

What’s in store for our agricultural production potentials?

Both the government and private sector should come forward and encourage climate-smart agriculture as well as the production of non-local crops, which have immense possibilities. It would not only increase the productivity of our agriculture sector, but also maintain self-sufficiency and ensure food security in Bangladesh. 

January 18, 2023
January 18, 2023

IMF Loan Programme: Getting Bangladesh ready for LDC graduation

The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.

January 5, 2023
January 5, 2023

‘Unpredictability has become the new normal’

Unpredictability has become the new normal in a world afflicted by the forces of deglobalisation amidst rising geopolitical tensions.