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Explaining the potential exodus of funds from Bangladesh

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. ....

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Dollar pressure rises as short-term foreign debt drops $300m in October

Bangladesh’s foreign reserves have fallen by $3.7 billion in just three months ....

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Tracing the origins of Bangladesh's economic woes

Bangladesh's economic woes: Bangladesh was already facing certain structural challenges before the pandemic broke out. Poverty reduction had already started to slow down. According to the Bangladesh Bureau of Statistics (BBS), the poverty rate declined by 1.8 percentage points per year between 2000 and 2005, by 1.7 percentage points between 2005 and 2010, and by 1.2 percentage ....

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Balance of payment may be hit by pandemic & war, PM tells JS

Balance of payment may be hit by pandemic & war, PM tells JS ....

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Buying vs. selling dollars: What should we do?

The dollar has now surpassed the Tk 100 mark, and Bangladesh Bank is making contradictory moves to deal with the situation. ....

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