Inflation can be reduced to 6-7% in next FY
Inflation can be reduced to 6-7% in next FY

Dr Zahid Hussain, a prominent figure and former lead economist at the World Banks Dhaka Office, has expressed optimism that the general point-to-point inflation rate could be reduced to between 6 to 7 percent in the next fiscal year (FY26) if the country does not face natural or political...

All eyes on Turkish central bank as markets brace for another rate cut
All eyes on Turkish central bank as markets brace for another rate cut

The Central Bank of the Republic of Turkey (CBRT) will hold its first monetary policy committee (MPC) meeting of the year on Thursday, as markets anticipate further action following Decembers surprise rate cutthe first in nearly two years, reads a Daily Sabah report. Independent economists and...

A political government needed to overcome the economic crisis
A political government needed to overcome the economic crisis

The countrys business environment has become increasingly inhospitable, with the economy teetering on the brink of stagnation and crisis. Industrial capacity is dwindling, the devaluation of the taka against the dollar has disrupted raw material imports, and worker discontent is mounting as...

A “controlled” budget to be proposed in next FY
A “controlled” budget to be proposed in next FY

The interim government plans to present a controlled budget due to resource constraints and economic crisis. Sources confirmed that the upcoming budget (2025-26) will not be increased much to restore normalcy in the macro economy. A source in the Finance Division said that allocation in the...

Inflation, elections, and war defined 2024
Inflation, elections, and war defined 2024

Inflation eased in most global economies in 2024, but voters remained unconvinced. Years of soaring prices for essentials, from eggs to energy, fueled widespread frustration, leading to the downfall of incumbent parties across the world. The lingering pain of inflation made governments an easy...