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.
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.
There is no certainty that the economic aspects won’t deteriorate further.
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.
We hope that the BB governor will continue the momentum and spirit to bring order and promote the economy.
Never has this country seen such a scholarly leadership team for economic policymaking in its history
When commitments don’t match with actions, the budget becomes methodologically disturbing too.
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
The actual share of NPLs in total loans would have crossed 20 percent had BB not loosened the definition.
Recent trends seem to care too little about the wise art of deficit financing.
While the government’s latest monetary policy for the first half of fiscal year 2023-24 shows an attempt to be rational for the market, it lacks vigour to solve inflation and the dollar crisis.
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Understanding the nation’s expectations in designing the budget for FY2024 is essential
The news of Bangladesh occupying the second-highest position in South Asia in terms of a bad loan ratio is no surprise.
The World Happiness Report 2023 has placed Bangladesh in the 118th position out of 137 countries.
What has led to bank failures in the US may look different from what Bangladeshi banks are living through now, but the bottom line is the same.
“Is Bangladesh a place of looters?” – this question was raised by the High Court last month.
If you ask someone from a country with a decent economy whether the central bank should be allowed to exercise independence in its policymaking, they will say that not giving independence to the central bank is like letting someone drive a car while keeping their hands tied behind their back. The question is not why, but how to give more independence to the institution.
