A tough fiscal test awaits Bangladesh’s next government
The incoming government will have to make austerity a top priority at the leadership level for fiscal consolidation, says the writer.
The incoming government will have to make austerity a top priority at the leadership level for fiscal consolidation, says the writer.
Within Bangladesh's long and complex history, Begum Khaleda Zia's leadership represents an important phase, particularly regarding economic reform and policy realignment, the…
While many other countries have managed to reduce inflationary pressure by adopting monetary policy tools, Bangladeshi policymakers have shied away from doing the same.
One of the first things Banga would have to tackle is reforming and modernising the institution, something that stakeholders have asked for across sectors.
The government must extend generous support to poor and low-income families through targeted measures to shield them from the negative impact of high inflationary pressure due to…
For Bangladesh, though inflation has subdued slightly in recent months, it is still much higher than the previous year and the government's projections.
A key expectation is to have a stronger commitment from nations to reduce their emissions and keep global warming below 1.5 degrees Celsius.
Overall, Bangladesh is going through a difficult time; with factors like high inflation and depleting forex reserves weakening macroeconomic stability.
When there is a food crisis, countries resort to protectionism.
The projections of major economic and monetary indicators are ambitious and overlook the realities to a great extent.