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 […]
At this point the journalists pointed out, this is people's hard-earned money, so why should projects be started based on assumptions? In response, the Minister of State for Planning said that politics and development cannot always be done according to mathematical calculations. In most cases projects are started based on certain ideas. Now there are […]
However, the Indian government said that despite the overall ban on onion exports, kitchen items will be exported to six countries in limited quantities at the G2G (government to government) level. Although it is being said in media reports that the government has taken this decision due to the recommendations of the Foreign Ministry of […]
These contradictory statements were put forward in a seminar titled ‘A holistic assessment of Bangladesh’s economy in six months from the private sector perspective’. Dhaka Chamber of Commerce and Industries (DCCI) organized the seminar at its Motijheel office. Advisor to the Prime Minister on Economic Affairs Mashiur Rehman was the chief guest at the event […]
Like sugar, prices of rice, pulses, edible oil, flour, onion, fish, meat and eggs are still high in the market. Every year in February the prices of winter vegetables reduce significantly. But this year the picture was opposite. Overall, people are not at peace. In its election manifesto announced ahead of the 12th parliamentary elections […]
Motorcycle sales were increasing year after year in the country. But motorcycle sales declined last year. According to BRTA, more than 500,000 motorcycles were to be registered in 2022. Sales dropped to about 300,000 in 2023. Motorcycle sellers said the price of motorcycles saw an increase of between Rs 10,000 and Rs 30,000 due to […]
They found that it had a significant impact on inflation, subsidy expenditure, trade balance, foreign exchange reserves and exchange rates. Responding to a question by Saiful Islam, independent MLA elected from Dhaka-19, Sheikh Hasina said that the prices of some products like fuel oil, edible oil, wheat, fertilizers, various food products, consumer goods and industrial […]
Just as the political leadership of Bangladesh is unable to reach a consensus on any domestic issue, similarly they are equally adamant on foreign policy issues. BNP leaders say the border with Myanmar is turbulent and unsafe due to the government’s subservient foreign policy. On the other hand, Awami League leaders are not ready to […]
The inflation rate was above 9 percent for almost the entire 2023. In addition to rising food prices, inflation of non-food items was also quite high. Traders say that although super shop consumers are not low-income people, a large section of them are under immense pressure due to inflation. Speaking to Prothom Alo, Kazi Ruhul […]
Energy experts and economists argue that prolonged inflationary pressures have burdened people, while the government struggles to rein in market prices. Meanwhile, the government takes advantage of increased gas prices to generate revenue. However, there was an opportunity to reduce the cost of fuel oil, potentially lowering prices in various market sectors, particularly in agricultural […]
The economy is undoubtedly under stress. High inflation, low foreign exchange reserves, weak remittances, dollar crisis, declining exports are some of the challenges faced by Bangladesh. The new government may show a confident and brave face, but they have many economic problems to contend with. The panelists made these comments at a BIPSS Policy Circle […]
Over the past year, the banking sector regulator has taken various initiatives to tackle high inflation. Also, some important steps were taken in line with the suggestions of the International Monetary Fund (IMF). In the previous monetary policy, Bangladesh Bank had taken initiatives such as introduction of interest rate corridor system, withdrawal of interest rate […]
The AL president asked everyone, especially his party members, to remain vigilant against arsonists who burnt people to death, including a mother and her child. He also directed them to maintain faith and trust in the Awami League through their work, for which they went to the polling stations, disregarding the call of the “BNP […]
According to the latest data from Bangladesh Bureau of Statistics (BBS), the country’s overall food inflation fell below 10 per cent in December last year, while non-food inflation rose slightly during the period. BBS data showed overall inflation fell to 9.41 per cent last December from 9.93 per cent and 9.49 per cent respectively in […]
In view of the continuous decline in reserves, the government has taken a loan of US$4.7 billion (US$470 crore) from the International Monetary Fund (IMF). Bangladesh has so far received two installments of the loan. It is expected to get two more installments in the new year. The government will have to make reforms to […]
