The tariff policies of Mr Donald Trump are creating chaos in the international trade world. This is most particularly true in the garment business. The clothing sector is competitive with many countries producing some kind of wearing apparel. This is different than the automobile industry where the
Since Trump was inaugurated as president of the United States on January 20, 2025 he has implemented a series of actions which amount to a trade war against the rest of the world. On April 2, 2025 he announced so-called reciprocal tariffs with different levels for different countries. Right from th
During the past few months the banking system suffered from a shortage of funds. This was manifest through a slowdown of deposit growth. Deposit growth had been 12-13 per cent per annum over the three years 2015-2017. During the past year the annualised growth rate declined steadily fro
The issues revolving around accounting for bad debt have again come to the fore. Prior to the Financial Sector Reform Programme the practice in Bangladesh regulatory procedures was to consider a loan performing if it was believed that the collateral offered for the loan was sufficient to cover the
The widespread discussions about remittance flows and the Hundi market are largely wrong in their understanding of what is happening. Much of the discussion by both international organisations and by economists in Bangladesh stress capital flight. However, capital flight is only a small part
One of the biggest tasks for every government is to prepare and pass a budget that has two characteristics: (1) Ensure that the size of the deficit and its financing are appropriate for the macro-economic position of the economy. (2) Reflect the policy objectives of the government. This polic
What do we know about the Bangladesh economy: gross domestic product (GDP) is growing rapidly at 7.65 per cent; there is full employment by the usual measures; inflation remains high at 5.5-6 per cent; the balance of payments is shifting into deficit with rapidly growing imports [25.20 per ce
The economic performance of a country is usually measured through changes in its gross domestic product (GDP), a measure of what the country produces. Bangladesh Bureau of Statistics (BBS) has just announced its preliminary national accounts estimates for FY 2017-18. The main purpose of such an ear
