Policy rate matters. It dictates lending rates in the financial market. Central banks worldwide use this tool to tighten flow of money into the economy and tame inflation. And it works; inflation has declined in the USA and the UK from their decades' peak. But it does not work in Bangladesh the way it is intended. It makes borrowing costlier but does not tame inflation. In
As Bangladesh is set to graduate from its Least Developed Country (LDC) status in 2026, the country needs to increase its private sector involvement and enhance negotiation skills to sustain preferential treatment for LDCs, experts have said. "In the last 53 years, 60 countries have been promoted from LDCs to developing countries.
CPD s Mustafizur for tax evasion-free revenue management dhakatribune.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from dhakatribune.com Daily Mail and Mail on Sunday newspapers.
Food inflation in Bangladesh stayed above 12 percent for the second consecutive month in September as prices showed no signs of cooling down, hitting the pockets of the consumers who spend most of their incomes to feed their families.