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Tags : ECONOMY


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Policy swings, corruption lead to forex market crisis

Regulatory mood swings and corruption during the Awami League regime created disorderly conditions in the foreign exchange market, which led the foreign exchange reserves declining to levels too low for comfort, according to the White Paper on the State of Bangladesh economy submitted to chief adviser Muhammad Yunus on Sunday...

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Rethinking growth

BANGLADESH’S recently released white paper on the economy provides an open and detailed examination of the nation’s economic progress and drawbacks. It is an urgent call to action for reform, accountability and inclusive development that benefits all citizens...

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Govt has arduous job to put economy back in shape

THE white paper on the state of the Bangladesh economy that a 12-member committee formed by the interim government has come up with presents a more appalling picture of the economy during the Awami League regime than was feared. The white paper, in short, has shed light on the dark side of the development narrative that the Awami League government, toppled by a student-mass uprising...

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SMEs hamstrung by limited access to finance over past decade

Limited access to finance has been one of the major challenges for small and medium enterprises over the past decade in Bangladesh, as banks generally favour larger and well-established companies in the country, according to the draft White Paper on the State of Bangladesh Economy submitted to chief adviser Muhammad Yunus on Sunday...

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Bangladeshi people express concern over price hike: VoA survey

Many people in Bangladesh believe that the interim government has faced challenges in managing the rising prices of essential commodities compared to the previous Awami League government, says a survey conducted by Voice of America Bangla...

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S&P maintains France economy rating and outlook

Ratings agency S&P on Friday maintained its grade for the French economy saying the outlook was ‘stable’ despite the European country’s debt mountain and political troubles...

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Economy recovering, but challenges remian: MCCI

Bangladesh’s economy has been gradually recovering from the recent political instability in the first quarter of the 2024-25 financial year, but, several challenges such as high inflation, reduced export activity, shortfall in revenue collection, diminished job opportunities and sluggish investment climate need to be addressed, said the Metropolitan Chamber of Commerce and Industry, Dhaka...

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Urgent economic matters warrant govt priority

THE interim government has been in power for almost three months. If this government stayed only for three months, it would not need to worry about the economy. But it...

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China moves to boost foreign trade

China unveiled new measures on Thursday to boost foreign trade, as Beijing battles to turn around a slowing economy threatened further by the potentially hostile policies of incoming US president Donald Trump...

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The wizard of Mar-a-Lago

The economy, immigration, and abortion rights became the main issues that decided the overall outcome of the November 5, 2024, US election. Further analysis of exit poll data showed that the economy dominated the realm. The discontent of the working Latinos and Black males and the loyal MAGA (Make America Great Again) supporters made Trump...

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Heavy metals: a policy blind spot

BANGLADESH with its fertile land and abundant water resources has agriculture and aquaculture at the heart of its economy, providing sustenance for its 170 million citizens and livelihood for millions of farmers and fishers. Yet, a silent crisis threatens the vital sectors: heavy metal pollution. This growing threat poses significant risks to public health...

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Immigrants and US economy

DONALD Trump’s win gives him the chance to shape policies that impact every American. Trump has had a restrictive stance on immigration, focusing on controlling borders and...

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Higher remittance makes only difference

The higher inflow of remittance on the back of a slim export growth is the major exception amid deterioration of other major economic indicators during the first quarter of the current financial year...

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Japan economy under stress after election

Political uncertainty after Japan’s election shock risks slowing economic reforms, pushing up government spending and even holding up the Bank of Japan’s exit from its outlier monetary policy, economists said...

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Eurozone economy grows faster than expected

The eurozone economy grew more than expected in the third quarter, official data showed Wednesday, thanks to Germany which defied expectations and dodged a recession...

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Rational approach includes provincial council polls

THE government is being very rational in its actions whether in dealing with the economy, the travel advisories or the reconciliation process, and is reaping the rewards. Its victory at the local council election in Elpitiya is an indication that its popularity after a month in power is continuing and that it is not confined to president Anura Kumara Dissanayake...

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Economic situation to determine reforms: dialogue

The head of the committee constituted for preparing the 'White Paper on the State of Bangladesh Economy', Debapriya Bhattacharya, on Saturday said that the economic condition of the country would determine the pace and the extent of the reforms...

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Path forward in global climate economy

AS BANGLADESH grapples with the devastating effects of climate change, the need for innovative financial mechanisms to bolster its resilience is more pressing than ever. Despite its relatively low contribution to global greenhouse gas emissions — accounting for less than 0.5 per cent of the world total — the country bears a disproportionate burden of...

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Denmark to support sustainable growth

Danish ambassador to Bangladesh Christian Brix Moller has said that Denmark was committed to supporting Bangladesh’s sustainable economic growth, particularly through partnerships in...

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Golden Goose through critical lens

In the 1960s, a war-torn nation struggled to recover from the devastating effects of conflict, scaled-down to leftovers of its former self. It began its development journey focusing on labour-intensive manufacturing such as textiles, which eventually opened the door to more advanced industries. Fast forward to 2024 and this country is now one of the world’s...

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China tees up fresh spending to boost ailing economy

China said Saturday it would issue special bonds to help its sputtering economy, signalling a spending spree to bolster banks, shore up the property market and ease local government debt as part of one of its biggest support packages in years...

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