Bangladesh’s National Budget 2022-23: Banking On Resilient Business Output During Global Challenges [Part 1]

Bangladesh National Budget 2022-23
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 […]

Post-pandemic Inflation – The World & Bangladesh

post-pandemic-inflation-feature
The Coronavirus Pandemic has taken a hefty toll on the world’s economies. Prolonged lockdowns, uncertainty about the future, and loss of lives, accumulated as ingredients for a depressed economic outlook. Consequently, this resulted in a sharp fall in global consumer spending of USD 3.3 trillion , a distressed supply chain , rising global food prices, and expansionary policies by almost all governments […]

Innovation in Digital Banking to Build Financial Resilience for Marginalized Communities

Digital Banking has redefined the financial landscape in Bangladesh during the Covid-19 pandemic. Overnight, people needed to figure out how to use banking services electronically because, despite a pandemic, the demand for credit did not disappear. While residents in the cities rushed to adopt digital banking, rural communities were still hesitant to embrace the technology. […]

The evolving G2P Payment Landscape in Bangladesh

Evolving G2P Landscape in Bangladesh
An Overview of the G2P Payments Sector Bangladesh is experiencing unprecedented growth and success in all sectors. Year after year per capita income is rising, millions of people are being lifted out of poverty, government services are becoming more digitized, and the country is one of the global leaders in RMG exports. In this ongoing […]

COP26: Consequences on Bangladesh’s Economy

COP26: Consequences on Bangladesh’s Economy
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 […]

Green Bonds in Bangladesh – A New Incentive to Save Our Environment

Green Bonds in Bangladesh – A New Incentive to Save Our Environment
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 […]

Digital Payments in Bangladesh: A Road to Growth and Stability

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 […]

RCEP Agreement: Vietnam’s gain, Bangladesh’s loss?

The Regional Economic Partnership Agreement (RCEP) is the world’s largest trade agreement, covering 30 percent of global GDP and 27 percent of global merchandise trade. Signed in November 2020, the trade bloc comprises 15 members, including the 10 nations of the Association of Southeast Asian Nations (ASEAN), China, Japan, South Korea, Australia, and New Zealand. […]

Draft Automobile Industry Development Policy: Address issues to reap full benefits

With the growth of the economy and rising purchasing power of people, sales of automobiles have been increasing in Bangladesh. However, the country still needs to depend on imports of foreign vehicles to meet its ever-growing demand. Inspired by the success of the domestic two-wheeler motorbike industry, the government has developed the draft “Automobile Industry […]

Addressing Youth Unemployment & Building Skills for the Future

Bangladesh has sustained a high GDP growth over the past decade that has put to bed the old moniker of “basket case” and helped position the country as one of the world’s fastest growing economies. Though the predictions from multilateral organizations for FY20-21 are highly varied from one another, The Bangladesh Bureau of Statistics(BBS) reported […]

Agent Banking: Spearheading financial inclusion in Bangladesh

Agent Banking has been a catalyst in financial inclusion in Bangladesh. According to a report by the Bill & Melinda Gates Foundation, participation in financial services in the country has increased to reach an all-time high of 47 percent in 2018 as a result of a 5 percentage-point surge (20% to 25%) in registered bank […]

FDI Inflow in Bangladesh: Time to Rethink and Redesign Policies

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 […]
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