Economy

economy
Fuel prices, load-shedding and subsidies

Fuel prices, load-shedding and subsidies

The government’s lame excuse is that fuel prices have gone up in the global market. That is not true. Oil prices are falling in the global market, not rising

7 sub-committees formed to address challenges of LDC graduation

7 sub-committees formed to address challenges of LDC graduation

Some seven sub-committees are preparing draft strategies with a time-bound action plan to meet the challenges of LDC graduation.

Black cocker spaniel called Harriet out on a walk with Centre Manager of Battersea Dogs and Cats Home, Steve Craddock, in London, Britain on 10 August, 2022

Cash-strapped Britons give up pets as living costs soar

Stood on her hind legs to greet any prospective owner who might approach her glass-doored kennel, Harriet is a black English cocker spaniel abandoned as a deepening cost-of-living crisis pushes ...

A general view of the city of Kabul, Afghanistan on 5 August, 2022

Misery and disease conquer Afghanistan a year into Taliban rule

Poverty in the country -- felt most keenly in Afghanistan’s south -- has been driven to desperate new levels, exacerbated by drought and inflation since Russia’s invasion of Ukraine

Bangladesh Bank headquarters

Default loans surge to record Tk 1.25 trillion: Bangladesh Bank

In reality, the amount of defaulted loan is much more than Tk 1.25 trillion as some information is not added here, said economic analyst and former caretaker government advisor AB Mirza Azizul Islam

Debapriya Bhattacharya

Weakness in financial sector main culprit for economy: Debapriya

The distinguished fellow at the Centre for Policy Dialogue (CPD), Debapriya Bhattacharya, on Thursday termed the weakness of the financial sector the main culprit for the economy, which is barring ...

Local government and rural development minister Tajul Islam

Country isn't in dire state: Tajul Islam

Local government, rural development and co-operatives minister Md Tajul Islam on Wednesday claimed the country is not in the dire state

The way GDP grew

G for gas, D for diesel, P for petrol The way GDP grew

The politicians are highly obsessed with the GDP of the country. Despite the experts telling them repeatedly to keep away from the delusion of GDP, the politicians do not care about it as there is no ...

IMF logo

IMF loan Bangladesh seeks $1.5b in first phase

Bangladesh has sought US dollar 1.5 billion from the International Monetary Fund (IMF) as the first phase under the package of loan assistance of US dollar 4.5 billion – the country applied to tackle ...

Entrepreneurs for harassment-free business environment in plastic sector

Entrepreneurs for harassment-free business environment in plastic sector

Entrepreneurs from the plastic sector demanded ensuring a harassment-free business environment as this industry contributes to employment, export earnings and industry decentralization across the ...

Global economic situation and the situation in Bangladesh

Economic situation Govt invites inflation

Debapriya Bhattacharya has said hiking the fuel oil price or taking such a step is symptom, not the disease. The disease is the government has increased growth but could not increase the collection ...

Badrul Imam

Exclusive interview Method of fuel oil price hike surprises me: Badrul Imam

Energy expert and retired professor of Dhaka University’s geology department Badrul Imam talked to Prothom Alo on the perspective of fuel price hike, its rationale, its impact on the economy and ways ...

People run for a bus near the Karwan Bazar area of the capital

Unprecedented rise of fuel price Middle-class in a new fight for survival

The middle-class people have embarked upon a new fight for survival. The rise in the price of octane, petrol, diesel and kerosene has become a big concern for the poor and people with limited ...

30 government cars parked with their air conditioners on as the drivers rest inside while the officials are busy in a workshop indoors. Photo taken in Rajshahi recently.

Let govt officials and the elite take the lead in austerity

Let a social movement of reducing the use of vehicle fuel, all-out cos cut and simple living begin. This movement might start with our ministers, MPs, high-rank military and civil officers.

Editorial

Industrial production can’t be disrupted

Though the government policymakers say the current energy crisis temporary, the situation is very worrying and nobody could say when the crisis will be over. Speakers echoed this dismay and concern ...

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