GSP
Before signing an agreement with China, its preconditions must be verified
The Chief Adviser of the Interim Government, Dr. Mohammad Yunus, is scheduled to visit China on a four-day state visit on March 26. This will be Dr. Mohammad Yunus' first bilateral state visit to China since taking over the responsibility of state administration. While there are various reasons why Dr. Yunus' visit to China is significant, the most important aspect is strengthening bilateral economic relations. The visit is also politically significant, but it is expected that economic issues will take precedence. China's economic influence worldwide cannot be denied. At present, China is one of the largest financial aid providers globally. China has been generously providing financial assistance to various countries, including Sri Lanka and Bangladesh.
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
BB withdraws policy interest rate hike initiative
BB withdraws policy interest rate hike initiative
PM seeks Irish support to enjoy GSP in EU till 2032
Prime Minister Sheikh Hasina today (March 18) sought Ireland's support to extend transition period of GSP for Bangladesh in the European Union (EU) market till 2032 instead of 2029 to consolidate its economic growth momentum during the LDC post-graduation period.
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