The Finance Minister (henceforth FM) of the country has recently presented his budget proposals for the fiscal year 2021-22.  This is the first budget prepared with more than a year's knowledge of the health and economic effects of COVID19 pandemic both in Bangladesh and the rest of the world.

The novel corona virus Covid-19 which appeared first in Wuhan, China in December 2019 has spread all over the world in less than three months. The rapidity with which it spread is stunning. It has already infected over 2.8 million people and killed nearly 0.2 million. There is no antidote or vaccin

A process that began many months ago with a promise of the commercial banks to reduce their lending rates to single digits appears to be finally moving to a forced culmination. The commercial banks will be required to set their all loan rates at a maximum of 9.0 per cent by April 01. If this order

For the first two decades of its independence Bangladesh continued with the Pakistan period strategy of economic development. It was the dominant strategy of development of the developing world for the greater part of the last half of the twentieth century. Widely known as 'import substitution indu

There is some disquiet among economists about the quality of data provided by Bangladesh Bureau of Statistics (BBS). No less a person than the Economic Adviser to the Prime Minister has expressed his dissatisfaction about the qualifications of the BBS staff and the quality of their work. These are

The Finance Minister (FM) Mr. A M A Muhith presented the next fiscal year's budget to the parliament on June 01, 2017. He claimed it to be the biggest and the best of all the budgets he has presented so far. These are indisputable claims; the latter is his subjective evaluation of his own budge

The exporters of the country, especially ready-made garments exporters, have been urging Bangladesh Bank for a depreciation of the external value of the domestic currency taka for some time now. They argued that such a step was essential to maintain the competitive edge of export in the world marke

According to Bangladesh Bureau of Statistics (BBS) data the economy of Bangladesh has done rather well during the last several years. Indeed its national accounts numbers catapult the country to the league of the best performing countries of the world. There are not many countries that have grown c