Understanding the nation’s expectations in designing the budget for FY2024 is essential

The news of Bangladesh occupying the second-highest position in South Asia in terms of a bad loan ratio is no surprise.

The World Happiness Report 2023 has placed Bangladesh in the 118th position out of 137 countries.

What has led to bank failures in the US may look different from what Bangladeshi banks are living through now, but the bottom line is the same.

“Is Bangladesh a place of looters?” – this question was raised by the High Court last month.

Bangladesh’s economic leadership must devote its integrity to ensuring quality growth along with lower income inequality.

Bangladesh Bank has missed the train by caving in to the pressure of the finance ministry, which dictates policymaking at the central bank being driven by short-term political interests.

The recent policy changes have been so enormous that they have already made the old monetary policy largely defunct.

The approach to address unemployment has remained faulty, superficial, bureaucratic, and substandard.

The rate of reserve depletion is alarming, and the IMF loan will not be enough to fend off the haemorrhage.

What Bangladeshi economists have been saying for a long time is pretty much what the International Monetary Fund (IMF) has told our central bank and the government.

The central bank’s deviation from the policy commitment is the main reason why hundi-makers mushroomed at home and abroad.

Bangladesh, which has been going through financial difficulties for several months now, can finally see a little light at the end of the tunnel.

The new governor of Bangladesh Bank (BB) has heralded robust messages to the country’s banking and financial industry.

One dollar now costs almost Tk 100. The taka has been losing its value against the US dollar for months, with no signs of it changing.

Alan Greenspan, who led the US Federal Reserve for two decades, was summoned in congress and testified that the financial crisis of 2008-2009 was an economic tsunami which could happen once in a century.

It is hard to achieve a growth of around 8 percent, and it will be even harder to maintain this trend unless we reform our ministry of finance (MOF) to steer the economy in the right direction. An MOF is usually the chief conductor of the orchestra of a country’s

This is the first time we noticed a prominent leader of the opposition using an appropriate word, “ambitious”, to describe the budget, instead of branding it as “anti-people.” This is a good sign because the first budget for a new finance minister should be forward-looking.

Finally, the government has decided to re-fix interest rates on National Saving Certificates (NSCs) or Sanchayapatra. Hopefully, it will

Truth shall prevail against lies and falsehood. And economic truths are often ruthless.