Bangladesh economy
Next budget will be challenging than previous years: Debapriya
High inflation, rising pressure on external account to slow down economy, the economist said
Implications of recent central bank policy measures
Due to lack of coordinated and coherent measures, inflation continues to rise, notwithstanding the abolition of the interest rate cap since July 2023.
Journey to be painful, but necessary
Mansur, a former economist at the International Monetary Fund, said interest rates would rise. This may slow the economy further, but it is necessary to overcome the challenges.
Be prudent with new budget planning
Good governance is crucial for overcoming economic challenges
How the FY2025 budget can address our economic challenges
The upcoming budget should adopt a balanced approach to address economic slowdown and inflationary pressure.
Industries created more jobs amid slowdown. Economists find it puzzling
However, the findings raised questions among economists, who were puzzled by the growth at a time when the economy had been facing a slowdown due to high inflation, a downtrend in export growth, and falling imports.
Complex global policy emerging as key challenge for Bangladesh: Wahiduddin
However, this will not be easy for a least developed country (LDC) like Bangladesh, he added while addressing the inaugural session of the “First Development Studies International Conference- DSIC 2024”.
Economy facing a 3-pronged challenge
Persistent high inflation, high debt burden and slow economic growth are the three challenges facing the economy, noted economist Debapriya Bhattacharya said yesterday.
Bangladesh economy faces three risks: CPD
Persistent inflation, a snowballing debt burden and slow economic growth are the three challenges to Bangladesh, according to Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD)
Fifty years of learning from rises and slips in the Bangladesh economy
We are hubristically living through our ecological implosion.
Economy to post subdued growth for at least three years
The multilateral lender said the economy would grow at 5.6 percent in 2023-24, lower than the South Asian average of 6 percent for 2024. Annual GDP growth averaged 6.6 percent in the decade before the pandemic struck the world in 2020.
How can Bangladesh manage its external debt?
The mounting debt servicing obligations also threaten to exacerbate the strain on the country’s low foreign exchange reserves.
The link between climate change and financial systems
Banks situated in countries facing elevated climate risk demonstrate diminished levels of financial stability.
Rising migrant deaths deeply alarming
Government must do everything to ensure the safety and well-being of migrant workers
Entrepreneurs against sudden changes to economic policies
A roadmap on economic policy changes is vital for the private sector since it can help them predict the future, plan accordingly and avoid shocks that may stem from a sudden shift in government strategies, said economists and entrepreneurs yesterday.
Economy rebounding: finance minister
The country’s overall macroeconomic situation is improving on the back of rising exports and remittances, Finance Minister Abul Hassan Mahmood Ali said yesterday.
World Bank, ADB promise more support but call for reforms
Both the World Bank and Asian Development Bank (ADB) have assured they will continue supporting Bangladesh’s growth but stressed the need for economic reforms that are crucial for the country to become a developed nation.
Bangladesh’s economic growth to slow to 5.6% in FY24: World Bank
The World Bank has forecasted a slow economic growth for Bangladesh because of factors like inflation
Roadmap for economic stability has been prepared for new govt
The government has prepared a roadmap to maintain economic stability, an issue that will pose a challenge to the new government, Finance Minister AHM Mustafa Kamal said.
