The banking sector is in a bad shape as massive irregularities gripped most banks and non-bank financial institutions in 15 years. The sector ran, as the Centre for Policy Dialogue says, beyond regulatory control while the central bank favoured certain individuals and groups. The think tank says that Tk 92,261 crore was embezzled in 24 major banking scams...
Approximately Tk 92,261 crore has been embezzled in 24 major banking scandals between 2008 and 2023, according to think tank Centre for Policy Dialogue.
The Centre for Policy Dialogue on Wednesday said that Bangladesh was lagging behind in securing the geographical identification on the country鈥檚 products due its inaction in this connection...
The decreasing `idle鈥� funds from state-owned and autonomous bodies has exacerbated the government鈥簊 current fund crisis, economists said...
THE average inflation in the outgoing financial year surpassing the average inflation in the past financial year, which was a decade-high, shows the inefficiency and inadequacy of measures taken by the government to contain inflation. The overall 12-month average inflation has been recorded by the Bangladesh Bureau of Statistics at 9.73 per cent...
THE picture of the economy that the Centre for Policy Dialogue portrays in its report is alarming. While high and unchecked inflation, especially food inflation, has pushed millions of low- and fixed-income people into a difficult position, macro-economic mismanagement has put the economy in a tight spot...
WHEN the banking sector is mired in a horde of problems 鈥� the absence of democratic governance that has encouraged corruption and irregularities, a soaring amount of bad loans that has weakened the economy and an absence of political will that has stopped a way out of the trouble...
Restricting access to data will not serve the interests of the majority of people already under pressure because of decade-high inflation, while the dollar shortage threatens...
The Centre for Policy Dialogue on Saturday recommended that the tannery industry workers should get at least Tk 22,776 as minimum wage amid high inflation in the...
The country has been mired in a prolonged economic crisis due to a lack of reform, leading to decade-high inflation and a persistent shortage of dollars over the past two years. The economic challenges exacerbated by the conflict between...