Birupaksha Paul

Singapore in 10 years?: BIDA chairman’s optimism vs economic reality

Bangladesh need not be like Singapore right now. Rather, it needs to understand how a country like Vietnam has been accelerating its pace of development.

5d ago

The root of the financial corruption

One of Benjamin Franklin’s quotes states, “Creditors have better memories than debtors.” But the inverse is true in Bangladesh, where the creditors often intentionally suffer from amnesia.

2m ago

What makes Bangladesh's economy more troubled to progress?

There is no certainty that the economic aspects won’t deteriorate further.

3m ago

Why is the banking sector crisis so deep-rooted?

The regime-sponsored immorality to protect or pamper the financial gangsters not only eroded the future of the banking sector, but also made the wound too difficult to recover from.

5m ago

The renaissance of Bangladesh Bank and some expectations

We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.

7m ago

Can the new leadership save the economy?

Never has this country seen such a scholarly leadership team for economic policymaking in its history

8m ago

A philosophically incorrect, structurally frail budget

When commitments don’t match with actions, the budget becomes methodologically disturbing too.

10m ago

A former governor’s unpleasant truths about the banking sector

Economists are always noted for telling unpleasant truths because they go by numbers, research, theory, and judgement. Rarely do politicians—who can manufacture arguments to suit their purpose—endorse economists who are objective. Former Bangladesh Bank Governor Dr Mohammad Farashuddin has unvei

11m ago
March 11, 2024
March 11, 2024

Why do people stash dollars under pillows?

It's because of the inflation-led pressures on Bangladesh’s taka and the central bank's undervaluation of the US dollar.

February 20, 2024
February 20, 2024

The farce of expressing PCI in taka

This is nothing more than a poor trick that will eventually produce no real gain.

February 20, 2024
February 20, 2024

How default culture plagues Bangladesh’s banking sector

A pre-Socratic Greek philosopher named Parmenides first articulated the famous idea: “Nothing comes from nothing.” Later, it appeared in Aristotle’s Physics. The Roman philosopher,

January 25, 2024
January 25, 2024

New monetary policy is appropriate in direction, but inadequate in dosage

Why this behind-the-curve approach to fighting inflation?

January 3, 2024
January 3, 2024

Why our balance of payments won’t balance out post-election

With the facade of the elections at its height, prevailing financial issues seem to have faded into the background.

December 18, 2023
December 18, 2023

Politicians’ wealth surge and why nations fail

The unbridled rise of moral hazards that engulf a nation and force it onto the path which leads to all areas becoming massively politicised, resulting in the youth being eager to become politicians for the wrong reasons.

December 14, 2023
December 14, 2023

Little to achieve if Bangladesh Bank isn’t sincere

The International Monetary Fund (IMF) will require a certain amount of foreign currency reserves to ensure the next installments in the future.

November 28, 2023
November 28, 2023

Our rising foreign debt and financial worries

The growth of debt exceeding the growth of GDP is a clear sign of vulnerability, the consequences of which are already present.

September 19, 2023
September 19, 2023

Correcting the dollar’s price is the only medicine we need

A single, sensible policy can make a motley of weird prescriptions totally redundant.

September 4, 2023
September 4, 2023

A faulty tax policy equals a dehydrated housing sector

Under the Income Tax Act, 2023, the 'gain' tax on plots, flats and commercial establishments has doubled and redoubled.