The Economic Intelligence Bangladesh (EIB), a research publication of The Business Standard produced by the TBS Research team in collaboration with the think-tank DataSense, launched its fifth issue on Thursday titled "10 Immediate Measures to Save Bangladesh's Economy".
Following the student-people-led political transition, this issue outlines the interim government's immediate priorities to stabilise the economy.
The new administration that took office on 8 August has already constituted six commissions – three specifically on economic issues – as well as a white paper committee.
Steps have also been taken to sort out less significant projects to rein in development spending.
Visible impacts of the central bank's initiative have been evident in exchange markets.
The fifth issue of EIB highlights 10 core issues that the interim government needs to address urgently to put the economy back on track.
The priorities include – government expenditure control, rebuilding forex reserves, checking corruption and money laundering, inflation control, banking sector reform, reform in tax regime, revisiting disaster management framework, reforms in laws on rights to information, lowering gas and electricity prices, and strengthening human capital for quality employment.
As part of this issue, a special survey was released earlier last week, drawing on the insights of leading economists and academics to identify key reforms necessary for economic stabilisation.
For detailed findings, visit: https://intel.tbsnews.net/5th-issue.
Source: The Business Standard
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