Bangladesh to become $1 trillion economy by 2040: BCG

The Boston Consulting Group (BCG) has said that Bangladesh is on course to become a $1 trillion economy by 2040, driven by consumer optimism, innovation in emerging economic sectors and a young engaged workforce. With average annual growth of 6.4% between 2016 and 2021, the South Asian nation has outpaced peers such as India, Indonesia, Vietnam...

Economic Indicators Invalidate Opposition Claims

Dr. Pranab Kumar Panday: The 12th National Parliament elections of Bangladesh are scheduled for 2023, and the political game of different equations in Bangladesh has been on full display for some months. Despite being isolated for 13.5 years, the opposition party has just come out of its shell and made several inaccurate allegations against the...

Bangladesh and Sri Lanka economies are not simply comparable

Agriculture, remittances, and export (including of RMGs) have been the main pillars of Bangladesh's economy. Despite some recent pressure on Bangladesh Taka arising from the growing trade deficit, Bangladesh has managed its external economy well as reflected in rising foreign exchange reserves now exceeding 45 billion US dollars. The Taka to USD...

Sheikh Hasina Factor: Economic Development amid Pandemic

Dr. Pranab Kumar Panday: In the last two years, the health sector and economic progress of almost all the countries of the world have gone through a very tough time due to the impact of the COVID-19 pandemic. Due to the negative effects of COVID-19 in the health sector, many countries have struggled to cope with the overcrowding of patients in ...