Economic Update

Bangladesh more than tripled its Gross Domestic Product (GDP) over the last decade, standing out as one of the top 10 fastest-growing economies in the world. World Bank reports the country’s real GDP growth to have accelerated over time since independence, reaching a remarkable 6.4% growth on average in the 2010s. Moreover, not only is […]

Resilient Economic Growth Bangladesh’s rise from the ruins of its war of independence, 50 years ago, has been nothing short of remarkable. In 2020, Bangladesh surpassed India’s, GDP per capita, and is now the second-largest economy in Southeast Asia as well as the 41st largest in the world. The middle and affluent class in the country […]

Bangladesh’s overall financial inclusion increased by 56.3% between 2011 to 2018, driven by strong policy support from the government, initiatives by the private sector, and involvement by the multilateral development partners. For equitable economic growth and poverty reduction, it is essential to increase access and usage of innovative financial products and services. Giving underprivileged groups financial access […]

The Bangladeshi shrimp sector enables livelihood opportunities for millions of people residing in the southern part of the country. Once labeled as the next big export driver, the Shrimp sector is currently at a juncture with two distinct schools of thought: introducing Vannamei (White legged) production in the Bangladesh shrimp ecosystem or pursuing Monodon (Black Tiger) as a premium […]

Have you read the part one of this article? Read Part 1 Safeguarding the People Against Inflation: Are the Measures Adequate? As it was discussed in part one of the analysis of the National Budget 2022 – 23, the focus of the government’s effort to maintain a stable economic recovery even during a possible global […]

State of Affairs Amidst the growing concern of rampant inflation permeating through major aspects of daily expenses and Bangladesh Bank devaluating the Taka against the US Dollar, Finance Minister AHM Mustafa Kamal unveiled the National Budget for FY 2022 – 23. The budget proposed a total expenditure of BDT 6.78 trillion, total revenue and foreign grants of BDT […]

In October 2021, against the backdrop of the increasing climate crisis, world leaders, scientists, and activists joined together at the 26th annual climate change conference, COP26. The summit was held in Glasgow, United Kingdom, to bring global parties worldwide to tackle the imminent threat of climate change. Attended by 197 member countries, this was the […]

Present scene of the Bangladeshi bond market The fourth industrial revolution is imminent, and Bangladesh is eyeing various infrastructure projects to compete globally in attaining Sustainable Development Goals (SDG) and assuring economic wellbeing for all. The country has celebrated its 50th birth anniversary the current year, and during this half a century-long life span it has […]

Bangladesh has enjoyed a rapid growth in technological advancement recently with a current internet penetration rate of 60.7%. This has opened up a wide array of opportunities for businesses and services to thrive. One of the most noticeable trends in Bangladesh right now is the rise of digital payments. This change has subsequently spurred a […]

India and Bangladesh have been connected to each other through shared values, shared borders, interlinked trade routes and hundreds of years of heritage. India was one of the very first countries to recognize Bangladesh as an independent nation and both the nations have enjoyed good bilateral relations throughout the years. The first official trade agreement […]

Regardless of the high economic growth of 8.1% prior to the pandemic, Bangladesh  has struggled to attract foreign direct investments (FDI) into the country which can be explained by the low FDI to GDP ratio of 0.5% in 2019. Infrastructural challenges and gap in policy implementation are some of the primary reasons. Naturally, the yearlong […]

The COVID-19 Pandemic has developed into an unprecedented test for the Bangladesh Healthcare sector, which has been bludgeoned by the rate of infection across the country.As it stands on 1st September, 2020, Bangladesh has 310,822 confirmed cases, with 201,907 recoveries and 4,248 deaths. It is globally 15th on the ranking of most severely affected countries […]

Today you can stay at your home in self-isolation and order your grocery delivery, without having to worry about exchanging cash. Thanks to FinTech, you can do it with your smartphone. While mobile financial services are transforming the traditional money transaction process and fostering e-wallet adoption in Bangladesh, the wide-ranging opportunities of fin-tech, however, remains […]

With the recent lifting of lockdown in Bangladesh, the question that hangs in the air is a difficult one. Is the social benefit of resuming business activity at full throttle on par with, or greater than the social cost that may arise if the rate of infection cannot be curbed? Though guidelines for mandatory social […]

Twelve years after the 2008 Financial Crisis, the global economy is on the verge of another major economic recession. While the economic effects of the current recession might seem identical to the 2008 Financial Crisis, the stimulants of the two economic catastrophes are widely different. This article tries to delve into a comparison between the […]