বাংলাদেশের কথা

According to the experts, the huge interest burden will be a huge amount of burden for the government and might also take away the scope to spend on any productive projects like the infrastructure development and energy projects. Just for the coming financial year, the govt. paid 12.3 percent of the outgoing year’s budgetary for interest payment which is estimated to be 12.2 percent of the budget of 1.9 trillion Tk. Only the public service sectors, is said might be able to absorb a greater sum than that of interest payments in the coming financial year. The amount of interest payment might even exceed the total cumulative allocations for fuel and energy, social security and welfare sectors. A warning has been given by the economists about the mounting pressure of interest payments on public expenditure. According to them this reduces the government's opportunity to provide for the other sectors and ability to respond to sudden shocks such as natural disasters or a global e...

The loss acquired, due to the   higher purchasing rate and lower selling rate in fuel and electricity sector of our country, has caused the net losses of Bangladesh to be doubled by the state enterprises to 16.880 crore Tk   in the current financial year. Out of the 48 loss making enterprises, 36 made a profit of Tk 8,386 crore; Bangladesh Petroleum Corporation and Bangladesh Power Development Board alone suffered 99 percent of the total loss which is estimated by the Bangladesh Economic Review, to be about Tk 25,266 crore.   In both the cases of BPC and PDB; losses doubled from approximately 9 crore Tk to 16 crore Tk and 4.5 crore Tk to 8.5 crore Tk respectively in just one year. An official from the finance ministry stated that the major cause of the losses in both the enterprises is fuel-guzzling rental power plants. He specified that the losses occurred mostly because BPC’s power plants requires more fuel to run therefore resulting into BPC importing more...

Current ‘Grand Alliance’ government, led by country’s most power-packed political party Awami League, came to power after a landslide victory in the 2008 general election. The first year of the new government went rather smoothly. But as time passed, years went by, situation slipped as a kid slides in a park’s newly installed slipper. Credibility of the ‘Grand Alliance’ government is questionable; for rightful reasons. The recent surveys by newspapers and research groups revealed that the people are losing confidence in the government - both nationally and internationally. The government has made rather controversial amendments in the constitution during the last three years, the most raging issue being withdrawal of constitutional provision of the usually three month long caretaker government. The opposing political parties and the general mass did not accept this decision. The indifference will lead the country towards anarchy. The law and order situation has gone do...

During Ramadan, inevitably the price of goods surge up. To tackle in price hike during next Ramadan, the government has lifted the ban on importing salt and eggs. The ban will remain lifted till 30 th June, 2012. During the year 2011-2012, the price of eggs has gone up to 9 taka per piece from 6 taka. That means that the price of eggs has increased over 50 percent in just one year. The daily demand for eggs is 20 million but the daily production is the exact half of it. The overall salt production this year was shorter than the target and the overall consumption. The target was to produce 1.45 million tonnes against the nationwide consumption of 1.43 million tonnes. Unfortunately, the production this year was just 1.16 million tonnes. This indicates that the price of salt and eggs will go haywire during Ramadan. To prevent this, the government has lifted the ban against importing salt and eggs. Till June 30 th , businessmen are allowed to import any amount of salt an...

After Bangladesh got Independence in 1971, jute was the biggest export of the country. In 1972, Bangladesh earned US $348.33 million and US $313.497 million from exporting jute and jute made products. During that time, Bangladesh also exported tea and leather products. In recent years, the export sector of Bangladesh has expanded much. Now, the biggest export sector of Bangladesh consists of readymade garment and knitwear. Among other export items, are shrimp, newspaper, fertilizer, fish, leather and leather products, fruits and vegetables. On the other hand, Bangladesh imports cotton, textile fabrics, petroleum products, automobiles and spare parts, chemicals, edible oil, coal and other products.  To keep pace with the rapidly developing world, the Government of Bangladesh has liberalized their trade and export policies over the years. These steps taken by the Government has brought significantly positive result. Before the British began colonization in the Indian subcontinent, t...