To cut or not to cut yield on national savings schemes (NSS)—that's one headache our finance minister is unable to get rid of. Will reducing rates on national savings schemes (NSS) have a strictly positive impact on our economy?

The upcoming budget for 2017-18 will cover the last full financial year before the general elections.

In the 2016 budget, the Bangladesh government made the highest ever allocation to the education and science sector.

Today, a quarter-century after the Cold War's end, the West and Russia are again at odds. This time, though, at least on one side, the

Detractors can fret about instability and balance of payment difficulties, but make no mistake, such risks will remain contained if capital controls are relaxed gradually (following a medium-term plan) and political conditions remain, by and large, stable. In fact, some of the foundations that merit a more liberal foreign exchange regime are already in place.

The saying goes “a wise man learns by the mistakes of others”. Many countries may go for demonetisation in near future looking at the success of India in curbing fake notes circulation and curtailing black money.

At present, the banking sector is suffering from an acute shortage of skilled professionals. Except for a few foreign and local banks, the quality of staff drops drastically. Depth and breadth of knowledge is poor. This is an ominous sign for the industry since professional human resource is essential for its growth and development.

If studies by Columbia University's Jagdish Bhagwatiand and IMF's Pierre-Richard Agenorare are to be believed, restrictions on foreign trade and capital flows gave birth to generations of these illegal markets across the world.

It's been a quarter-century since Japan's asset bubble burst – and a quarter-century of malaise as one “lost decade” has followed another.

In response to asymmetric shocks and divergences in productivity, there would have to be adjustments in the real (inflation-adjusted) exchange rate, meaning that prices in the eurozone periphery would have to fall relative to Germany and northern Europe.

Following the International Monetary Fund's controversial actions in the Asian financial crisis of 1998, when it conditioned liquidity assistance to...

Rizal Commercial Banking Corp (RCBC) officials say they have preserved ties with major US banks despite the use of one of its branches in Manila by cyber criminals to funnel $81 million stolen from the Bangladesh central bank’s account at the Federal Reserve Bank of New York.

Bangladesh Bank today announced its new monetary policy with an aim at stabilising inflation at a moderate level keeping pace with the government's budgetary target of higher growth.

Heoretically, trade liberalisation results in productivity gains through increased competition, efficiency, innovation and acquisition of new technology.

The Tk. 49,000 crore or US$ 6.3 billion allocated for education, when divided by the estimated 40 million students in the country, amounts to Tk. 12,000 per student public spending for a year or about US$ 150 on average for all levels of education.

The Finance Minister has proposed a mega Tk.3.4 trillion budget for the upcoming fiscal year 2016-17. It is about 29 percent higher than the revised budget of the outgoing fiscal year.

I must say that the budget is too ambitious in terms of size. It's 15.5 percent larger than the current FY's initial budget and 29 percent higher than the revised one.

It's a very good budget but it's not clear how they are going to achieve this. I think the idea is here, the intentions are great, but given the fact that every year we over-project and underachieve, there is a problem of credibility.

According to a research done by Dr. Kabir Hassan, Prof. University of New Orleans, it has been calculated that each year BDT 25,000 crore of zakat can be obtained from Bangladesh and if distributed properly each extremely poor family can get two million taka from this huge fund.

The fact that the country's actual default loan amount - including that of written-off loans - in the country's banking sector has exceeded Taka 1 trillion mark for the first time, qualifies us to be one of the leaders of the corporate shame club.