CPD
Graduation to the list of developing countries: Decisions must be based on reality
To qualify for graduation to the final list of developing countries, a nation must meet three essential criteria. Bangladesh has successfully met all of these conditions. After being under observation for several years, Bangladesh is set to officially graduate to the developing country category in 2026. This will be the most significant economic achievement for the country since its independence. No nation wants to remain a least developed country (LDC) indefinitely. Every country aspires to graduate to the developing nation category as quickly as possible. While LDCs receive certain benefits from developed nations, these privileges are often granted out of a sense of charity rather than respect. Thus, achieving developing country status is a matter of national pride.
Banking sector reforms must be based on reality
This government-backed family has become a liability to the banking sector. Dr. Mansur also announced that the Bank Resolution Act is being formulated to address banking failures. Some state-owned banks are also struggling, and measures will be taken to prevent the Financial Institutions Division of the Ministry of Finance from interfering in banking operations. The Bangladesh Bank will be allowed to function independently. However, the Governor did not explicitly state what would happen to banks that cannot be saved or how they would be phased out. His remarks, however, indicate that major changes are on the horizon for the banking industry.
CPD wants zero tolerance against middlemen in market control
The Center for Policy Dialogue (CPD) has recommended bringing under surveillance the influential players behind the supply of goods and price manipulation in market control. The private research organization wants zero tolerance against these players and middlemen.
60 lakh hectares of crop land damaged by recent floods: Adviser Farooq
Disaster Management and Relief Adviser Farooq-e Azam has said that nearly 60 lakh hectares of crops have been destroyed in the areas that were affected by the recent floods.
ISPR requests not to get misled by rumours over security of St. Martin’s
Inter Services Public Relation Directorate (ISPR) has urged all not to be misguided by rumours spreading through social media over the security of St. Martin’s island centering Myanmar's ongoing internal conflict near the island.
Ongoing economic woes not reflected in budget: CPD
The Center for Policy Dialogue (CPD), in its review of the proposed budget for FY2024-25, said that the necessary steps to address ongoing economic concerns are missing from the budget document.
Bangladesh Bank’s restriction on journalists to help financial oligarchy: CPD
Dr Fahmida Khatun, executive director of Center for Policy Dialogue, a private think tank, on Thursday said that financial sector in Bangladesh suffers from lack of good governance and accountability.
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