M Masrur Reaz

FDI is an important avenue for technology transfer, capital mobilisation, market access, and job creation. It has played a pivotal role in advancing the ready-made garments (RMG) sector, establishing Bangladesh as a global leader in the industry.

The National Logistics Policy for Bangladesh can play a pivotal role in developing a world-class, technology-driven, cost-optimised and time-efficient logistics ecosystem.

Inflation in many countries has been brewing for quite some time due to production disruptions and supply chain issues related to the Covid-19 pandemic.  

Over the past five decades, Bangladesh managed to transition to an increasingly manufacturing-based and service-oriented economy and fared well in social indicators. It has registered average gross domestic product (GDP) growth rates of more than 6 per cent in the last 10 years and over 8 per cent in the fiscal year 2019.

The Covid-19 pandemic has laid bare around the globe the need to strengthen domestic revenue mobilisation systems of countries, particularly in developing nations.

The global community is currently undergoing twin crises: the public health crisis brought on by coronavirus and the economic shock stemming from the unprecedented public health measures governments have been forced to adopt to douse the rogue pathogen.