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Economics

Curbing inflation is priority over high growth now

Economics

by AB Mirza Azizul Islam

Curbing inflation is priority over high growth now

cently, Bangladesh Bank announced a new monetary policy. This was the second monetary policy for the current fiscal year (2024-25) and the first one formulated under the present interim government. For quite some time, economists had been discussing the proposed monetary policy. Given the ongoing trend of high inflation in the country for nearly three years, there was significant interest in what kind of monetary policy would be adopted

Curbing inflation
Contractionary monetary policy alone can’t solve inflation woes

Economics

by M A Khaleque

Contractionary monetary policy alone can’t solve inflation woes

The Bangladesh Bank announced the second monetary policy of the current fiscal year on February 10, 2025. This was the second monetary policy for the fiscal year 2024-25 and the first policy under the interim government. There was considerable anticipation regarding the announced policy, and many experts had expected it to be contractionary in nature. Indeed, the policy can be described as contractionary in terms of its characteristics, as it focuses more on controlling the existing high inflation rather than achieving high growth.

Contractionary monetary policy

Opinion

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Do you think the 13th National Parliamentary Election should be held before or after the reforms?

Please provide your written opinion in 50 words.

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What do Mushfiq and Mahmudullah say?

What do Mushfiq and Mahmudullah say?

State and Politics

Is government's role just to ask to stay calm?
Mob Violence and Public Safety

State and Politics

Is government's role just to ask to stay calm?

After the fall of the Hasina government, there was a strong fear of retaliatory violence. Many believed that political vengeance was inevitable after the change in power. History also suggests this. In the past, when power transitions occurred, instances of violence, destruction of property, and attacks on political opponents were common. However, on August 5, the fall of the Hasina government created an unprecedented situation. The government was ousted through a bloody movement, leading government-affiliated individuals at the grassroots level to flee, while those who couldn’t escape were subjected to horrific conditions. Their homes, businesses, and properties were attacked, and even the police force faced intense resistance, leaving the military responsible for maintaining law and order.

Unending corruption threatens national development potential
Unending corruption threatens national development potential

State and Politics

Unending corruption threatens national development potential

In the 1980s, when HM Ershad was the president, he once claimed that the number one national issue of Bangladesh was the unplanned population growth. However, this statement was not correct. Population, whether planned or unplanned, can never be the number one national problem of a nation. Population is a resource that is essential for any form of production to take place. It is the state's responsibility to turn the population into human resources. If the population is not nurtured with proper training and state support, it can turn into a severe problem for a country. On the other hand, if the population is turned into human resources, it can become the best production resource for any country. Therefore, population itself is never a problem; the real problem lies in the state's failure to transform the population into human resources. In many developing countries like Bangladesh, the number one national problem is corruption and the state's failure to control that corruption.

3-year of Ukraine war: Will it stop or take a new turn?
3-year of Ukraine war: Will it stop or take a new turn?

Diplomacy

3-year of Ukraine war: Will it stop or take a new turn?

Today, Monday, February 24, 2025, marks the third anniversary of the Russia-Ukraine war. Although this war is often referred to simply as the Ukraine war, as the entire conflict is taking place on Ukrainian territory. On February 24, 2022, Russia launched its invasion of Ukraine. Vladimir Putin had hoped that Russia would quickly seize Ukraine. However, many analysts had predicted that this war would turn into a prolonged conflict, which indeed came true. Since the fall of the Soviet Union, this is the first time Russia has engaged in such a long-term war. Ukraine claims that Russia has lost 400,000 soldiers in this conflict. While the exact number remains uncertain, sources like BBC and Al Jazeera have reported that by December 2024, Russia had lost at least 150,000 troops, while Ukraine had lost around 50,000 soldiers. Although Ukraine has suffered fewer military casualties, its overall losses have been massive. Nearly 8 million Ukrainians have fled the country, and 5 million have been internally displaced. Russia has occupied approximately 4,000 square kilometers of Ukrainian territory.

Reform commission's proposals must ensure fair election
Reforms for restoration of voting rights

State and Politics

Reform commission's proposals must ensure fair election

To ensure free and fair elections, the Reform Commission has recommended reinstating the caretaker government system and the provision for a referendum. The Constitutional Reform Commission has also made similar recommendations. Recently, the possibility of the caretaker government system returning automatically has emerged following a High Court ruling. However, the system cannot be implemented until a review petition on the Appellate Division’s order that annulled the Thirteenth Amendment—through which the caretaker system was introduced—is resolved.

Shadow of darkness behind America's democracy in Trump era
Shadow of darkness behind America's democracy in Trump era

Diplomacy

Shadow of darkness behind America's democracy in Trump era

Trump came to power in 2016 primarily by taking control of America’s information landscape. His journey in politics has been marked by controversy, with his actions always seeming to run parallel to the divisive nature of his rhetoric. From hate speech to crude attacks on opposing politicians, he has consistently used derogatory language. On January 6, 2021, thousands of Trump supporters stormed the senate office at Capitol Hill. Instead of regret, Trump later remarked during a campaign rally that he should not have left the House on that day, despite losing the 2020 presidential election. Now, this very Trump is back in the American throne. Ironically, it is the citizens of the nation that often claims to uphold the most democracy in the world who have brought him back to power, dressed as a king.

Foreign language use must follow national language policy
national language policy

State and Politics

Foreign language use must follow national language policy

A state remains dynamic through internal and interstate conflicts and synthesis. Within a state, separate groups arise based on factors such as tribes, religious communities, regional characteristics, linguistic differences, etc. Diversity prevails in the state’s populace. By acknowledging this diversity and adhering to the principle of unity and coordination within diversity, the government must address the issues arising from this diversity in the internal demographic of the state. While advocating for pluralism in culture, if divisions are created within the nation, unity will break down, and the state will not endure. This undermines the very conditions necessary for the state's existence.

Special Content

Interim Government's first DC conference: What new directions are expected?
Interim Government's first DC conference: What new directions are expected?

Report

by Manik Miazee

Interim Government's first DC conference: What new directions are expected?

The first District Commissioners (DC) conference of the interim government holds significant importance in the current administrative context. This conference will involve discussions between the DCs and various ministries, where important directions will be given. In light of the changed political scenario, special policy decisions and administrative directions are expected to emerge from this conference.

Pilkhana Massacre: Awaiting the revelation of the truth
Pilkhana Massacre: Awaiting the revelation of the truth

Report

by Kamrul Hasan

Pilkhana Massacre: Awaiting the revelation of the truth

On February 25 and 26, 2009, shortly after the newly elected Awami League government took office, one of the most heinous massacres in the country's history took place at the headquarters of the Bangladesh Rifles (BDR), now known as the Border Guard Bangladesh (BGB), in Pilkhana, Dhaka. On that day, 74 people, including 57 army officers, were brutally killed.

International

18 killed as bus overturns into ditch in Thailand

18 killed as bus overturns into ditch in Thailand

18 killed as bus overturns into ditch in Thailand

At least 18 people were killed and 23 injured in eastern Thailand on Wednesday after the brakes failed on a tour bus and it rolled upside down into a ditch, police said.

6 Bangladeshi artists perform at 10th International Dance and Music Festival in India

6 Bangladeshi artists perform at 10th International Dance and Music Festival in India

6 Bangladeshi artists perform at 10th International Dance and Music Festival in India

During the Maha Kumbh in Prayagraj, Uttar Pradesh, Bangladesh participated in the 10th International Dance and Music Festival. Besides performing at the Gangamandap in the 1st sector of the Sangam Area, the dance troupe will also showcase their performances in Delhi, Gujarat, Jammu & Kashmir, Jharkhand, Bihar, Assam, and Meghalaya.

Industry

Teachers, researchers duped by fake conferences run from India
Teachers, researchers duped by fake conferences run from India

by Rased Mehedi

Teachers, researchers duped by fake conferences run from India

The titles of the conferences are well-thought-out and timely. The names of the organizing bodies are also attractive. The websites of these organizations are well-designed and professional, making it easy for anyone to believe that they are legitimate international research institutions or organizations. However, in reality, these sites are traps set by an organized fraud network. Every year, they list nearly a hundred conferences on their websites, collecting conference fees and defrauding participants out of hundreds of dollars. This organized group operates through almost 20 different websites under various names. According to Views Bangladesh's investigation, the group is being run from India. Members of this scam network are spread across several countries. The investigation also found evidence that a Bangladeshi citizen is involved with this fraudulent group. One of the scammers' websites, “Sciencesociety.co”has the profile of a Bangladeshi individual who works as a faculty member at a private university.

National

Economics

Curbing inflation is priority over high growth now
Curbing inflation

by AB Mirza Azizul Islam

Curbing inflation is priority over high growth now

cently, Bangladesh Bank announced a new monetary policy. This was the second monetary policy for the current fiscal year (2024-25) and the first one formulated under the present interim government. For quite some time, economists had been discussing the proposed monetary policy. Given the ongoing trend of high inflation in the country for nearly three years, there was significant interest in what kind of monetary policy would be adopted

Art and Culture

Farewell to Anjanda in the ocean of memories

Farewell to Anjanda in the ocean of memories

Farewell to Anjanda in the ocean of memories

The news of Anjanda’s passing came as a shock. Unbelievable. It’s hard to accept that filmmaker Zahidur Rahim Anjan, our beloved Anjanda, is no longer with us. We will no longer see him at Aziz Market, Shahbagh, or at various film festivals and seminars.

All state affairs must be conducted in mother tongue

All state affairs must be conducted in mother tongue

conducted in mother tongue

I think that sometimes the enemy acts as a friend while committing enmity. The attitude towards the enemy softens when the enemy refrains from committing enmity or shows some generosity. Such a position of the enemy is not only confusing, but also harmful. Only an intelligent enemy has the capacity to create such confusion in the mind.

Diplomacy

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