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Capital flight from Bangladesh: Historically, Bangladesh’s financial account averages an inflow of about 2.5 percent of GDP. But in 2022-23, it experienced an outflow of 0.5 percent of GDP, which is quite a significant reversal. This has prompted the IMF to express concern that Bangladesh might have experienced capital flight in the last financial year.
Oldest independent English Daily of Dhaka - thenewnationbd.com- is not just an online edition of the paper. It is the fastest vehicle of factual news on events, processes and ideas from Bangladesh and around the globe.
Three government entities have failed to carry out a study to find out the amount of illicit financial flow from Bangladesh, where they were siphoned and how as part of the country’s efforts to contain cross-border money laundering.