Category: Bangladesh

Overview. December was a busy month in Bangladesh. The main opposition party, BNP, announced a 27-point plan for elections and the restoration of democratic principles in the country. The Finance Ministry has proposed lowering the government’s GDP growth forecast from 7.5% to 6.5% for the current fiscal year. Export earnings in November were recorded as…

Overview. The main opposition party’s (BNP) General Secretary Mirza Fakhrul Islam Alamgir has accused the government of plundering resources from the country’s economy and asked how the foreign reserves were spent towards building the Payra seaport. On the economic front, the World Bank has decreased its estimate of Bangladesh’s GDP growth this fiscal year from…

Overview. September was a relatively stable month in Bangladesh. On the political front, the main opposition party, the BNP, accused the ruling party, the Awami League, of procuring huge numbers of electronic voting machines (EVMs) in an attempt to rig the upcoming elections. On the economic front, Bangladesh’s GDP is expected to fall to 6.6%…

Overview. The main opposition party, BNP, has alleged that the ongoing load shedding in Bangladesh is a result of the ruling party’s theft and corrupt practices. Central bank data shows that various banks are profiteering through overcharging when selling dollars, with the overall profit from this standing at around USD 150 million.…… Read the rest

Overview. BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged that the government is intentionally keeping population figures low in the 2022 census to show higher per capita GDP figures. Bangladesh’s stimulus package for large industries has started its third phase, with funding going fully towards entities with joint local and foreign ownership.…… Read the…

Overview. Awami League General Secretary Obaidul Quader has said that it is BNP’s character to call into question the legitimacy of elections in Bangladesh by constantly questioning the Election Commission and election results. A record USD 76 billion budget was announced for the next fiscal year in June, with the government projecting a 7.5% GDP…

Overview. Road Transport and Bridges Minister Obaidul Quader has accused the BNP of trying to destabilize the country after failing to halt the construction of the Padma Bridge. GDP growth so far this fiscal year is more than 7%, according to government figures. Bangladesh has also gifted a large consignment of medical supplies and drugs…

Overview. Awami League General Secretary Obaidul Quader has said that the opposition party BNP is the main impediment to democracy in Bangladesh. The government has set an ambitious GDP growth target of 7.5% in the next fiscal year. The central bank has set interest rates on deposit collection at 7% and loans at 11% for…

Overview. Ruling party Awami League’s General Secretary has said that BNP has no alternative than to follow democratic principles and that they (BNP) had taken destructive measures to avoid taking part in elections. The central bank has urged caution in opening letters of credit (LC) with Russian banks in the wake of the ongoing Russia-Ukraine…