Causes of economic crisis more internal than global: Minister of State

The major objectives of the loan program include revenue mobilization, reducing the issuance of National Savings Certificates and increasing spending efficiency along with fiscal institutional reforms. Professor Selim Reyhan, SANEM’s executive director, also views the IMF loan positively. “This is a turning point for Bangladesh, not a political decision. Other lenders will have more confidence […]

Government suspends land acquisition, purchase of machinery, furniture to save money

The Bangladesh government has suspended the acquisition of land and the purchase of machinery, such as computers and electronic equipment, and furniture, as part of its efforts to cut operating expenses. The Finance Ministry said in a notice on Thursday that the order will apply to government, semi-government, autonomous and statutory organizations and state-owned companies […]

‘Who fixed the scope for bringing back the laundered money?’

Seasoned economists have questioned the initiative to bring back black money and increase the number and tenure of bank directors from the same family. Mustafizur Rahman, Distinguished Fellow at the Center for Policy Dialogue (CPD), sought to know who dictated these policies, saying they are not acceptable under any standard, including moral, economic and political. […]