Political consensus is necessary among the leaders in South Asian countries to deepen integration, enhance trade, beef up cooperation in their fighting against climate change, and achieve much-desired economic prosperity, said economists, researchers and policy-makers yesterday.
Sri Lanka has immensely benefited from Saarc countries, particularly Bangladesh and India, from a macroeconomic perspective in recent times, the central bank governor of the Island nation said yesterday.
Bangladesh needs to learn from Sri Lanka’s experience about how to face an unprecedented economic crisis and recovery strategies to avoid similar circumstances and improve the well-being of citizens, said Debapriya Bhattacharya, a distinguished fellow at the Centre for Policy Dialogue (CPD).
South Asia is not yet ready for a common currency, said economists from countries in the region at the opening of a two-day 14th South Asia Economic Summit in Sheraton Dhaka yesterday.