The State Bank of Vietnam (SBV) will give flexible and suitable management to guide credit resources to business and production activities and create favourable conditions for workers and low-income earners to access capital for house purchase, Governor Nguyen Thi Hong said on August 1.
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Social housing projects that developers were hesitant to invest in due to capped profit suddenly gained traction as giant developers recently announced plans to step into the segment.
Inflation is now the number one enemy for many developed and developing economies, and it is creeping in Bangladesh too. Soaring prices are eating into the earnings of low-income people who were just recovering from the pandemic losses. The news of per capita income exceeding $2,800 does not bring them any relief as their earnings are barely enough to feed the families. Now,
Opinion and evidence differ on minimum wage policies, but one thing seems clear – they need to be better integrated within a wider economic support strategy.