Can an IMF loan rescue Bangladesh’s economy?
Overall, Bangladesh is going through a difficult time; with factors like high inflation and depleting forex reserves weakening macroeconomic stability.
Overall, Bangladesh is going through a difficult time; with factors like high inflation and depleting forex reserves weakening macroeconomic stability.
The paper says the Bangladesh government must do more to stop the erosion of consumer's purchasing power.
The paper questions the Democratic Party's push for a bill requiring the government to buy overproduced rice.
Despite the fact that Bangladesh making gains in food production and ensured greater availability of rice in recent years, it is still being sold at near-record high prices.
There has been increasing public opinion pressure that sustainability standards for palm oil production and use must also be imposed on all vegetable oils.
When there is a food crisis, countries resort to protectionism.
Because there is no single policy intervention that can solve the current crisis, the government needs to try and tackle it on multiple fronts.
The price jump sparked by its move to cut production underlines the need for more short-term investment in fossil fuels while pursuing the green agenda.
Aside from reducing the independence of financial regulators, the new bill draft would also directly affect the commercial sector by applying stricter regulations on banks.
Pakistan could benefit from importing cheaper Russian crude, if technical and financial obstacles were cleared.