Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
The rise in commodity prices has led to an increase in daily expenditure. The real income of the people has decreased. That’s why everyone hopes that the allocation in the social safety net sector will be increased in the coming budget. Even economists have suggested increasing the allocation for the social safety net. However, there […]
Bangladesh took prompt and decisive policy action to address the economic fallout of the COVID-19 pandemic, which helped in a rapid and strong recovery. But like countries around the world, Russia’s war in Ukraine has had a significant impact on Bangladesh. Bangladesh’s current account deficit widened sharply due to rising global commodity prices, supply disruptions […]
However, the government has set a growth target of 7.5 per cent for the financial year. The IMF in its report said that amid extremely high inflation and recent financial sector turmoil, the world economy could achieve a soft landing – inflation is coming down and growth is stabilising. Although inflation has declined as central […]
Under this activity, the government establishes laws, courts and property rights, and a monetary system, and provides accurate information and dates, thereby aiding the development of the economy. A clear example of the weakness in the legal framework of Bangladesh is the adoption of the laws of England and the legal framework of other countries […]
Sheikh Hasina also recommended the construction of elevated roads in the Hor area instead of normal roads, suggesting avoiding cultivable and agricultural land as much as possible in implementing development projects. He directed the commerce ministry to complete distribution of essential commodities at subsidized rates among some one crore family card holders under the second […]
The main beneficiaries of this money laundering are corrupt bureaucrats, engineers, military officers, unscrupulous politicians, businessmen and bank borrowers. CID says that the lion’s share of 750 billion taka belongs to this circle. If the policy of ‘zero tolerance’ remains ineffective, it will be impossible to solve the problem of money laundering. No matter how […]
According to the last data released by the National Statistics Agency, Bangladesh is set to record gross national per capita income of $2,793 in 2021-22 – $31 less than the government forecast. Bangladesh Bureau of Statistics said on Sunday that the GDP growth rate was 7.1 percent, which was 0.15 percent less than the estimate. […]
He said that amid the current global situation mostly caused by the Russia-Ukraine conflict and the aftershocks of the COVID-19 pandemic, the figures were very good. “I was not surprised to see the figures amid the current global situation. Inner strength has played its due role behind such performance.” Mannan also said that a strong […]
South Korea’s government promised stronger support for exporters as the country posted its first economic contraction in 2/1-2 years on Thursday, mainly due to a drop in exports, and faced the prospect of a recession. Downplaying the economic slowdown as part of a global trend and calling a return to growth in the current quarter […]
Nim has estimated repayments of around Rs 4.4 trillion for 2023/24. While economists forecast in a separate survey that the government would reduce the budget deficit to 6.0% of GDP in 2023/24, this would still be much lower than the average of 4% to 5% seen since the 1970s. will be up and far away […]
The country’s gross domestic product (GDP) growth rate in the current financial year is estimated to be 5.2 percent as against 7.2 percent in 2021-22. The global crisis triggered by the Russian invasion of Ukraine will result in a contraction in GDP. A report by the World Bank (WB), however, said that the growth rate […]
The government responded to high global energy prices with blackouts and factory closures to reduce energy consumption, froze purchases of vehicles, and made it harder to buy luxury goods, among other measures to preserve international reserves. . In October, the World Bank cut its forecast for Bangladesh’s economic growth for the fiscal year 2022-23 by […]
