Despite all challenges, Bangladesh's economy has made phenomenal progress in its 50 years' journey which also reflects in the book 'An Economy on the Move Bangladesh at Fifty,' economists said at the launching ceremony of the publication. Nymphea Publication published the book edited by Sadiq Ahmed, Fakrul Alam and Ziaul Karim where total of 12 veteran economists contributed
The amount of non-performing loans (NPLs) is likely to be much higher than that reported as the process does not fully take into account effects of scams and losses incurred by merchant banks due to the bursting of the stock price bubble, said a top economist at the unveiling of a book yesterday.