The government must implement economic policies that deal with the ongoing crisis

Bangladesh may fall into deep economic crisis unless it puts in place comprehensive policies and reforms, and starts implementing them immediately, said a number of economists yesterday.

The government should stop fund wastage in the energy sector and eventually phase out subsidies, which have created pressure on the public coffer, according to economists and entrepreneurs.

Prime Minister Sheikh Hasina today (October 27, 2022) said urged the global community to end the Russia-Ukraine war, withdraw sanctions and allow people, who have nothing to do with the war, to have a shot at a better life.

Foreign exchange reserves in Bangladesh slipped below $39 billion owing to high import payments.

Bangladesh’s economy is experiencing stress because of the pressure on the foreign exchange reserves, but the situation is not as alarming as many think, said top brass in the financial sector yesterday. 

The economy needs firm handling to ensure the situation doesn't turn into a crisis.

The US dollar is on a tear, strengthening around 11 per cent since the start of the year and – for the first time in two decades – reaching parity with the Euro. 

Authorities must take stern action to stop scams and frauds

The recent economic crisis has placed everyone on the edge of their seats. Citizens are worried about everything from power shortages to being unable to catch-up with the rising inflation. Hence, in these troubled times, RBR comes up with few solutions to minimise the scare and live a better life than expected.

Shares of small capital-based companies surged abnormally on the Dhaka Stock Exchange (DSE) in the past month whereas the benchmark index of the premier bourse of Bangladesh, as well as blue-chip securities, has been in a bearish mood. 

Bangladeshi migrant workers continued to face financial hardship in Lebanon, while many found it difficult to remit money home after making ends meet, due to a prolonged economic crisis there.

Sri Lanka’s Energy Minister Kanchana Wijesekera has warned that the petrol stock of the nation can meet the demand for less than a day.

Large industries, SMEs and the flood-hit agriculture sector will enjoy a flexible loan repayment facility up to December this year as Bangladesh Bank yesterday revived the partial loan moratorium amid a deepening economic crisis.

Sri Lanka may be compelled to buy more oil from Russia as the island nation hunts desperately for fuel amid an unprecedented economic crisis, the newly appointed prime minister said.

Sri Lanka's prime minister has warned of a food shortage as the island nation battles a devastating economic crisis and vowed the government will buy enough fertiliser for the next planting season to boost productivity.

Right now, Sri Lanka is going through its worst economic crisis since independence in 1948.

Bangladesh runs the risk of losing duty benefits on its annual exports of more than $3 billion to the UK, as Britons voted to leave the

Greek MPs are to vote later on whether to back PM Alexis Tsipras's tough new proposals to secure a third bailout.

Ultimately, upholding women's rights will not only make economies work for women, it will also benefit societies as a whole by creating a fairer and more sustainable future.