Dhaka | Dhaka City | Bangladeshi News
Dhaka | Dhaka City | Bangladeshi News
Considering the circumstances, CPD has advised to set three main objectives in preparing the next budget. First, to restore macroeconomic stability and protect disadvantaged populations; Secondly, to take initiative to increase revenue collection so that dependence on banks is reduced and it becomes possible to meet necessary expenditure from revenue income; And third, to prioritize […]
Over the past decade, the amount of domestic and foreign debt as a proportion of revenue collected by the NBR has increased by nine percentage points, an analysis of NBR and Finance Ministry data shows. This means that government borrowing is increasing every year. The trend of borrowing has been high for the last three-four […]
BBS says poverty rates have increased in Dhaka, Barishal and Sylhet divisions over the past six years. This rate is now 17.9 percent in Dhaka, 15.8 percent in Chattogram, 16.7 percent in Rajshahi, 17.4 percent in Sylhet, 24.8 percent in Rangpur and 24.2 percent in Mymensingh. In 2016, Barishal division had the highest poverty rate […]
According to the BBS survey report, the average income of a Bangladeshi family is 32,422 taka per month, and 13 sectors spend 31,500 taka. Discussing the survey, Mohiuddin, deputy director of BBS and director of the survey project, told Prothom Alo that the increase in people’s income aligns with the socio-economic development of the country, […]
He further said that inequality in consumption has also increased. In 2022, the value of the Gini coefficient with respect to consumption at the national level was 0.334, in cities 0.356 and in villages 0.291. If the value of Gini coefficient is 0, it indicates that complete equality exists in the society. If the value […]
Sources say that following Bangladesh’s request, the IMF may fresh fix the net reserves at USD 20 billion (USD 2000 crore), down from USD 18 billion (USD 1800 crore) at present. Under the loan terms, the IMF had set a reserve target of US$26.81 billion (US$2,681 crore) by June next year. This means the target […]
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 […]
The Steve Jobs-founded company has been making a much-publicised push into India, with Cook himself attending the opening of the country’s first Apple Store last month. Cook said, “India is an incredibly exciting market. It’s a major focus for us. I was just there, and the dynamism, the vibrancy in the market is incredible.” The […]
South Korea’s chip maker SK Hynix and America’s Micron Technology have also reduced production. A report released by Eugene Investment & Futures said Samsung’s “proactive” efforts to break out of its inventory rut were “evaluated positively” given its impact on market sentiment and demand for memory chips. “Even if the pace of recovery for demand […]
