Category: Bangladesh

Overview. BNP Secretary General Mirza Fakhrul Islam Alamgir has alleged that the government are giving false and overinflated statistics regarding Bangladesh’s foreign exchange reserves and per capita income. Bangladesh’s economy grew by 6.94% in the last fiscal year, according to the Bangladesh Bureau of Statistics, while pharma companies maintained their strong growth in the first…

Overview. The World Bank estimates that Bangladesh will grow at 6.9% in fiscal year 2022-23. The central bank has reduced the single borrower exposure limit from 35% to 25% to contain the concentration of loans to a smaller group of people, while remittances increased slightly after 6 consecutive months of decreasing figures.…… Read the rest

Overview. December was a relatively stable month politically, with not much activity. On the economic front, the IMF has forecasted 6.6% growth for Bangladesh in the ongoing fiscal year. Exports have exceeded the USD 4 billion mark for the third month in a row. However, remittances have fallen by 26% year-on-year in December.…… Read the…

Overview. November was a relatively stable month in Bangladesh. On the political front, the main opposition party, the BNP, decided to boycott local elections, citing a lack of free and fair polls. Bangladesh’s update of the base year from 2005-06 to 2015-16 has seen an increase in per capita income figures by almost 16%, while…

Overview. The Awami League has said that they are determined to identify the people behind the attacks on Hindu places of worship and homes of Hindus across various districts of Bangladesh this month during the Durga Puja festival. On the economic front, Bangladesh’s GDP per capita is set to be higher than that of India’s…

Overview. In September, the Prime Minister, Sheikh Hasina, visited the US for the UN General Assembly summit. She also called for people to stop trying to undermine the government’s achievements. The BNP’s general secretary has accused the government of causing discord among opposition parties in an effort to hang on to power.…… Read the rest

Overview. BNP Secretary General Mirza Fakhrul Islam Alamgr has said that the government is harming the future of students by continuing to keep educational institutions shut. The flow of inward remittances has dropped by 28% year-on-year while exports have also declined by around 11%. In more positive news, foreign exchange reserves reached a record high…

Overview. The usual colourful rhetoric between the Awami League and BNP continues. On the economic front, remittances for FY21 hit a record high of USD 24.77 billion, while exports jumped 15% to USD 38.76 billion in the just-concluded fiscal year. After a two-month break, the government has also resumed its vaccination drive, with people aged…

Overview. A record budget of around USD 72 billion was announced for the upcoming fiscal year, with a focus on C19 recovery, social safety nets, and health. BNP Secretary General Mirza Fakhrul Islam Alamgir has blamed government for alleged corruption in the health sector. The World Bank has upgraded the country’s GDP forecast for this…

Overview. The BNP have said that they will not take part in the upcoming by-poll elections, citing the incompetence of the Election Commission. On the economic front, Bangladesh GDP per capita has increased from USD 2,064 to USD 2,227. Remittance inflow has surpassed the USD 20 billion mark in a single fiscal year for the…