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M A Khaleque

  • Economist
  • Sat, 23 Sep 23

Retired General Manager, Bangladesh Development Bank Limited and Writer on Economics

Let "Insurance for All" be the pledge for the National Insurance Day
Let "Insurance for All" be the pledge for the National Insurance Day

Economics

Fri, 1 Mar 24

Let "Insurance for All" be the pledge for the National Insurance Day

Today, March 1, is the fourth National Insurance Day. It is very significant in Bangladesh's economy for many reasons. National Insurance Day was observed for the first time in 2020. It was not celebrated for one year due to Covid-19. The initiative to celebrate National Insurance Day highlights the importance of the insurance industry in national life and creates public awareness about how insurance can contribute to economic development. There is a historical event behind the celebration of National Insurance Day on March 1. Father of the Nation Bangabandhu Sheikh Mujibur Rahman started working in the insurance industry on March 1, 1960, by joining the Pakistan Alpha Insurance Company. It was originally decided to celebrate National Insurance Day on March 1 to commemorate Bangabandhu's involvement in the insurance industry.

Lingering Effects Expected to Persist for Years
Lingering Effects Expected to Persist for Years

Diplomacy

Wed, 28 Feb 24

Lingering Effects Expected to Persist for Years

February 24 marks the two-year anniversary of the Russia-Ukraine war, which commenced on February 24, 2022. Observers suggest that neither side has been able to secure a decisive victory thus far, and the prospect of either side emerging triumphant in the future appears bleak. It is possible that at some juncture, this conflict may cease, or both nations may opt for a ceasefire. The global community, espousing peace, eagerly awaits such a momentous occasion. However, regardless of when this war concludes, its repercussions are bound to endure for an extended period. Initially, Ukraine may have anticipated direct involvement from the United States and its NATO allies, which could have swiftly shifted the course of the conflict in Ukraine's favor.

Few words about banking and financial sector reforms
Few words about banking and financial sector reforms

Bank

Sat, 17 Feb 24

Few words about banking and financial sector reforms

During his address at the inaugural ceremony of the Twelfth National Parliament, President Shahabuddin Ahmed provided affirmative guidance on various subjects. Among them, he notably emphasized on the topic of banking and financial accounts. He stated, "There is a significant need for extensive reforms in financial accounts. The current state of the country's banks and financial institutions is not satisfactory at all. Therefore, economists and banking experts have been providing guidance on comprehensive reforms of these accounts for quite some time. However, it seems that the relevant ministry of the government is not giving due attention to the matter of reforming banking and financial accounts."

How effective the new monetary policy will be in meeting the demand of the hours?
How effective the new monetary policy will be in meeting the demand of the hours?

Bank

Tue, 23 Jan 24

How effective the new monetary policy will be in meeting the demand of the hours?

The new monetary policy (MP) was announced on January 17 amid various economic challenges in the country. This is the second monetary policy for the current fiscal year (2023-2024) and the first of the new government. The newly announced monetary policy by the Bangladesh Awami League government, elected for the fourth consecutive term, was viewed as significant for many reasons. The country's economy is currently facing several complex problems that were not created overnight, but existed in the economy. The government might not have paid enough attention to the problems because of the fanfare centering fanfare centering on the 12th national electoral bandwagon.

In a festive ambiance, a journey to cast votes
In a festive ambiance, a journey to cast votes

Election Commission

Sun, 7 Jan 24

In a festive ambiance, a journey to cast votes

Today, on Sunday, January 7th, the nationwide twelfth parliamentary election is taking place. The level of enthusiasm and anticipation surrounding a general national election is usually evident, but this election has some distinctive features. This is because the main opposition party, the BNP, and their allies, who have been protesting for the conduct of the national election under a caretaker government, have decided to boycott the twelfth parliamentary election.

From an economic perspective, how was 2023?
From an economic perspective, how was 2023?

Bank

Sun, 31 Dec 23

From an economic perspective, how was 2023?

We have passed another year in the cycle of time. AD 2023 was a particularly memorable year for many reasons. The Russia-Ukraine War (Ukraine War) started just as the post-Corona world economy was in the recovery process. Due to the unequal war between these two countries, the world economy is facing disaster in many ways. The war in Ukraine caused abnormally high inflation worldwide. The crisis caused by the decline in production did not play much of a role in this inflation. Rather, economists blame the supply-side disruption for this high inflation. Because global food production was very normal in the years leading up to the Ukraine war. Ukraine and Russia together produce 30 percent of the world's total food grains. Food production in these two countries was normal in the year the war started.