The government announces the budget for the fiscal year 2013-2014 today against the backdrop of severe economic constraints in the outgoing fiscal year in which weakness and mismanagement in the economy, scams and malpractices in the banking sector and political unrest have pulled down all major indicators.
bangladesh economy
Economy gradually slowing down
The country’s economy is slowing down gradually and is unlikely to achieve the targeted growth rate in the current fiscal mainly because of the slow pace of investment and political unrest. Sources said most of the economic indicators are going from bad to worse, causing the country’s economic prospects to turn gloomier. The situation will ... Read more
Prolonged political uncertainty to affect economy: ICCB
Prolonged political uncertainty will hamper the economic performance of the country if the crisis is not addressed immediately, the International Chambers of Commerce of Bangladesh said on Saturday. In a report of its executive board, the ICCB said the
Canada keen to help Bangladesh realise its economic potential
Canada is eager to extend support to Bangladesh’s economy and boost the country’s foreign direct investment receipts, Heather Cruden, the Canadian high commissioner to Bangladesh, said yesterday. “Canada joins the world in applauding Bangladesh’s impressive economic growth of 6 percent in the last five years,” said Cruden at the luncheon programme of the Foreign Investors’
How to troubleshoot the economy
Sadiq Ahmed Bangladesh is facing serious macroeconomic challenges and I have written a lot explaining them in a series of articles published in The Daily Star and in The Financial Express. In this new article I am going to write specifically about how Bangladesh could address those challenges while also mobilising substantial external financing in ... Read more