If prices of other raw materials continue to rise in this manner, the export sector will inevitably feel the pressure. The government should start considering strategies now to manage this impact. Even before one month is completed in office, Eid celebrations are on the doorstep. Generally, we see that before Eid many problems arise regarding […]
Mahmood Ali noted that economic problems will take some time to solve, and that people are generally understanding the drastic but necessary steps required in economic policy planning. However, there is a collective desire to see parity between the government’s words and actions. The issues of corruption and loan scams in the banking sector have […]
Analysts say high inequality creates social instability. The workers’ agitation has intensified demanding salary increase. Many analysts believe that high inequality levels hinder economic growth. The global risk report further said that Bangladesh will lag behind in meeting the Sustainable Development Goals (SDGs) due to lack of funds. To meet the SDGs by 2030, Bangladesh […]
The country’s economy is facing a challenging phase, the beginning of the new financial year has been disappointing. The shadow of the persistent dollar crisis is looming, deeply affecting various sectors. Inflation, remittances, foreign exchange reserves, defaulted loans, exports and revenues – all these key indicators are not promising. Almost every economic index, which was […]
I am not very optimistic. For the first time, the central bank has made structural changes in monetary policy. Till now they used to prepare monetary policy by targeting money supply. But this time from July to December he has made monetary policy targeting interest rates. They will try to control inflation. September is likely […]
The US Federal Reserve and the European Central Bank raised rates by 475 bps and 350 bps, respectively, to tame inflation – their most aggressive pace in recent times – but the rate-hike cycle in Asia was more tenuous, they note. . Additionally, China’s reopening benefits the rest of the region, while Asia’s other three […]
A finance ministry official said the loan was in addition to other facilities that China has already extended to Pakistan. He said the money could come by Thursday. China Development Bank did not respond to a faxed request for comment. Prime Minister Shehbaz Sharif said he was hopeful of reaching an agreement with the IMF […]