The IMF wants Bangladesh to adopt certain reform measures; measures that local economists have been suggesting for years. So, why don’t governments listen to economists?
Bangladesh and India suffer from similar systemic deficiencies, albeit to different degrees. In the last 12 months, both countries met with three major crises. We take a look into how the challenges were tackled differently and the different outcomes
Authorities in the past have been fairly lax about strictly imposing the dollar limit, as long as the traveller hadn’t breached the limit by an outrageous amount. However, given the current foreign exchange reserve crisis in the country, they have strongly shifted gears, leaving many people surprised and confused
6%-9% interest rate was introduced by Bangladesh Bank to help out industries and expand production to avert potential recession during the pandemic, but whether these single-digit interest rates achieved their intended outcome remains to be seen