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...

Bangladesh Bank criticizes Moody’s downgrade rating
Bangladesh Bank criticizes Moody’s downgrade rating

Bangladesh Bank (BB) has challenged Moodys recent downgrade of the countrys sovereign credit rating, stating it fails to reflect the significant political and economic advancements since July 2024. On November 19, Moodys lowered Bangladeshs sovereign rating from B1 to B2, maintaining a...

Bank of England cuts interest rate amid falling inflation
Bank of England cuts interest rate amid falling inflation

The Bank of England (BoE) cut its key interest rate on Thursday by 25 basis points to 4.75%, signaling further reductions as UK inflation dropped to a three-year low of 1.7%. This is the BoEs second rate cut since August, and follows a trend among major central banks in easing borrowing costs after...

Businesses worried as interest rates keep rising
Businesses worried as interest rates keep rising

For the last couple of years, inflation has been deterring the growth of our economy. Hence Bangladesh Bank(BB) has taken initiatives to counter this nuisance. In order to tame inflation, BB has decided to raise the policy interest and restrict the flow of money in the market. This year, the...