Start-ups in Bangladesh went through a tough time in 2022 owing to the uncertainty in the global economy, but gloomier days for them might not go away any time soon since the decline in global investments is set to linger.

2023 is already here and no doubt, the last three years have been rough for Bangladesh. It is almost as though a ship at sea navigating and making its way through rough waters during a storm.

Bangladesh Bank yesterday unveiled a wishy-washy monetary policy for the next six months that will prove to be ineffective in tackling the headwinds passing through the economy.

Unpredictability has become the new normal in a world afflicted by the forces of deglobalisation amidst rising geopolitical tensions.

Exports fetched a record $5.37 billion in December as consumer spending centring on Christmas in the Western world returned in full swing after two pandemic holiday seasons marked by health fears and supply shortages.

While the government is distracted by elections, the financial economy will suffer

The solution to this problem lies in generating more opportunities for the employment of our graduates – at home and abroad.

The book doesn’t only become a memoir of the writer’s life as a development worker, but also a tribute to the late Sir Abed and his magnanimity as a human being and a visionary. 

Known knowns -- is what best sums up the prognosis of the visiting International Monetary Fund mission so far as it looks to thrash out the conditions for the prospective $4.5 billion loan.

Specific policy incentives are needed to stimulate the economy and revive the labour market.

Bangladesh needs proper macroeconomic management to avoid middle income trap

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

An economy without an independent source of data is like an aircraft flying without its airspeed sensors.

Inflation is the bad boy of economic phenomena. 

The rise in fuel prices is an illogical decision that will only harm ordinary citizens and fail to deal with the root causes of the crisis that Bangladesh is currently facing.

It seems that just as we recover from one crisis – the global pandemic – another one begins.

Ali Riaz has tried to determine the current political trends as well as trends that may emerge in the future with his keen insight.

We appreciate the government directives, given to the field-level administration, to practise austerity in spending from the budgetary allocations.

The book poses a number of questions: which factors have contributed to Bangladesh’s growth?

If stopping wastage of money is the goal, a lot of holes will need to be plugged