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.

1w 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
February 7, 2023
February 7, 2023

Bangladesh can avoid the middle-income trap yet

Bangladesh’s economic leadership must devote its integrity to ensuring quality growth along with lower income inequality.

January 17, 2023
January 17, 2023

Bangladesh’s Monetary Policies: A poor dose of the right medicine

Bangladesh Bank has missed the train by caving in to the pressure of the finance ministry, which dictates policymaking at the central bank being driven by short-term political interests.

January 1, 2023
January 1, 2023

2023 will be the year of inflation and financial turpitude

While the government is distracted by elections, the financial economy will suffer

December 18, 2022
December 18, 2022

Time for a new central bank and monetary policy

The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.

November 27, 2022
November 27, 2022

Reward job creators, not profit vultures

The approach to address unemployment has remained faulty, superficial, bureaucratic, and substandard.

November 11, 2022
November 11, 2022

Will the IMF loan stop forex reserve depletion?

The rate of reserve depletion is alarming, and the IMF loan will not be enough to fend off the haemorrhage.

November 3, 2022
November 3, 2022

What the IMF said, our economists have said before

What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.

September 20, 2022
September 20, 2022

What's so wrong with hundi?

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

August 30, 2022
August 30, 2022

Bangladesh Bank policies have begun to work

Bangladesh, which has been going through financial difficulties for several months now, can finally see a little light at the end of the tunnel.

July 17, 2022
July 17, 2022

New Bangladesh Bank governor’s message to our banking industry

The new governor of Bangladesh Bank (BB) has heralded robust messages to the country’s banking and financial industry.