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AB Mirza Azizul Islam

Economist, Professor and former Finance Advisor to Caretaker Government
If new products not added to export list, Bangladesh will lose tariff war
tariff war
Economics

If new products not added to export list, Bangladesh will lose tariff war

The United States has imposed additional tariffs at varying rates on export products from different countries. This move has caused grave concern worldwide. The first such announcement of higher tariffs came last April. Implementation was then postponed for three months. During this time, several countries tried through negotiations to reduce the imposed tariff rates. Most were successful. For instance, an additional 37 percent tariff was initially imposed on Bangladeshi exports. Vietnamese exports faced 46 percent, Indian exports 26 percent, and Chinese exports a staggering 125 percent. Later, however, tariffs on Chinese exports were reduced to 30 percent.

Foreign investment cannot be attracted without conducive environment
Foreign investmen
Economics

Foreign investment cannot be attracted without conducive environment

A four-day International Investment Summit was recently held in the capital. Over 500 investors and investment-related professionals from various countries participated in the event. This recently concluded international investment summit was significant for several reasons.

Curbing inflation is priority over high growth now
Curbing inflation
Economics

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

Limited progress on people's economic hopes
Limited progress on people's economic hopes
Economics

Limited progress on people's economic hopes

After assuming office, the interim government formed a committee to prepare a white paper to understand the real state of the country's economy. The committee has already officially handed over its report to the chief advisor. The information about corruption and irregularities revealed in the white paper will alarm any conscientious person. It is undeniable that the country's economic condition is far from good. On August 5, following the student movement, former Prime Minister Sheikh Hasina resigned and left the country, and on August 8, the interim government assumed power.

Find out reasons contributing to falling stock prices
Find out reasons contributing to falling stock prices
Share Market

Find out reasons contributing to falling stock prices

In developed countries, entrepreneurs typically rely on the capital market to meet long-term capital needs. However, the capital market in our country is struggling to develop properly. For various reasons, both entrepreneurs and investors are not very enthusiastic about raising capital through the capital market. Instead, they tend to seek their desired capital from the banking sector. Yet, the capital market is the most suitable place for long-term funding.

Interim government must implement economic reforms despite political pressure
Interim government must implement economic reforms despite political pressure
Economics

Interim government must implement economic reforms despite political pressure

After Prime Minister Sheikh Hasina’s resignation, the country was effectively without a government for four days. During this period, a group of miscreants caused widespread destruction in various locations, resulting in significant loss of life and property. In his speech, the Army Chief stated that every killing will be brought to justice. As citizens, we also demand that those responsible for each murder and the destruction of state infrastructure be identified and brought to justice. It must be ensured that no wrongdoer escapes punishment, while also ensuring that innocent individuals are not wrongfully punished or harassed.