The cost of grand corruption in Bangladesh is only continuing to go up.
Specific policy incentives are needed to stimulate the economy and revive the labour market.
Dr Hossain Zillur Rahman, executive chairman of the Power and Participation Research Centre (PPRC), discusses the proposed national budget for the 2022-23 fiscal year with Eresh Omar Jamal of The Daily Star.
A recent study by a think-tank has exposed the underbelly of the development scenario in Bangladesh in which rising GDP growth and rising income and wealth inequalities walk hand in hand.
According to Bangladesh Bureau of Statistics' (BBS) provisional data, the economy is projected to grow at a rate exceeding 7 percent in the current fiscal.
In order to reduce inequality in Bangladesh, much more needs to be done to improve access to employment, health and education for the bottom half of the population.