Inflation declined to 10.49 percent in August from 11.66 percent in July, according to data released today by the Bangladesh Bureau of Statistics

The problems are economic, social and political in nature.

Despite repeated warnings, no effective measures have been taken to rectify the poor governance.

While the micro and messo levels of losses are immediate and short term, macro level losses would be medium to long term.

Resulting damage could have severe long-term impacts

It is important to recognise that trade has been the handmaiden of Bangladesh’s development.

It is important to encourage all development players to invest money and energy to maximise their contributions towards the GDP growth.

Reforms need to be brought about over revenue generation, currency exchange rate, banking and public expenditure, the four areas vital to the country’s economic performance, through the upcoming national budget, suggested an economist yesterday.

Traffic congestion inflicted by unplanned urbanisation and expansion reduces the country's overall GDP by 2.9 percent.

The vicious cycle of taking loans to pay bills and then taking another loan to pay off the first loan may continue throughout their lives, with little or no real improvement in their living standards.

The use of the document verification system (DVS) has increased in Bangladesh in the last couple of years, plugging the scope for unruly firms to submit forged audit reports. The number of audit reports signed by accountants by securing codes from the DVS rose by nearly 2 percent year-on-year to 38,316 in 2021-22 compared to a year prior, data from the Institute of Chartered Accountants of Bangladesh (ICAB) showed.

Bangladesh's economy heavily depends on garment exports and remittances for its foreign exchange reserves, with limited diversification in agricultural products. Despite being an agrarian society, it imports key agriculture-related products, straining reserves.

Both the China and India factors in Bangladesh’s foreign policy decisions, as identified in Li Jianjun and Deb Mukharji’s chapters, will be continuously evolving and contributing factors that would perhaps influence Bangladesh’s policies with other countries as well.

Rural women have been challenged by loan rates exceeding 25 percent, making access to financial services a distant dream for many

Bangladesh’s wealth inequality keeps getting wider

Despite moderate performance in several SDGs, Bangladesh faces major challenges in actually achieving them.

When I returned to my village after 10 years, I noticed that it had undergone a remarkable transformation in my time away.

Like the refuse of the fish, the working class is also a refuse of the capitalist economy.

To overcome the economic crisis, no doubt, the country needs strong economic leadership, backed by strong political will.

Despite decades of sustained GDP growth and improvements in social indicators, Bangladesh’s economy is now on a fragile footing.