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Page 6 - ஆராய்ச்சி நிறுவனம் ஆஃப் பங்களாதேஷ் News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Put fight against Covid at the heart of budget: economists

Put fight against Covid at the heart of budget: economists ZAHID HUSSAIN, Former WB lead economist Rapid coronavirus vaccination, upgrading the creaking health system and expanding social protection should be the focus of the upcoming budget to bring the crisis under control, economists said. Vaccination should be the number one priority, said Zahid Hussain, a former lead economist of the World Bank s Dhaka office. We have to get rid of the coronavirus at any cost. Otherwise, there will be wave after wave of infections and the entire fiscal year will be spent in managing the crisis, said Ahsan H Mansur, executive director of the Policy Research Institute of Bangladesh, a think-tank.

Remittances past $20b in 10 months | The Daily Star

Remittances past $20b in 10 months Remittance inflow surpassed the $20-billion mark in the first 10 months of this fiscal year riding on the relentless efforts of migrant workers to send their hard-earned money home through banking channels. Between July and April, the Bangladeshi diaspora sent $20.66 billion, up 39 per cent year-on-year, according to data from the central bank. For the first time in the country s history, remittance inflow crossed the $20 billion mark in a single fiscal year, a development that has given a breathing space to the government to absorb the economic shocks deriving from the coronavirus pandemic. Remittance inflow also increased 89 per cent year-on-year to $2.06 billion in April as the migrant workers sent a whopping amount of funds ahead of Eid-ul-Fitr.

Kamal unaware of FBCCI plan for new bank

However, Kamal maintains that no approached him about the proposed bank. There were no discussions regarding this. When I will know, then you [journalists] will also be well informed, he said after a meeting of the cabinet committee on government purchase. Experts criticised the proposal to set up a separate bank. The idea is absurd as the apex trade body has done little for the cottage, micro, small and medium enterprise (CMSME) sector, said Ahsan H Mansur, executive director of Policy Research Institute of Bangladesh. There are currently 61 banks and 34 non-banking financial institutions operating in the country. As the apex trade body, the FBCCI has a lot of responsibilities. This includes negotiating with the government to protect the interests of the local business community.

Fifty years of the evolution of trade policy in Bangladesh

Fifty years of the evolution of trade policy in Bangladesh
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