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Shame.... EU did sign one with Vietnam. Given BD has managed to sign only one FTA with bhutan to date and have not bothered to actually sit down with any other nation is it any wonder? Really poor showing.... EU is the one we need the most after USA. Buy the EFT and order some more things...

Residential mortgages gets 6 months grace in UK in general. Business loans 3 months max grace.

No, they are simply stating that loan default is recognised early and on the same basis as the rest of the world. Non recognition of default helps no one except the defaulters . Defaulting farmers and SMEs should be recognised and dealt with. That can mean giving them more time, reducing...

Completely support IMF position. 90 days non payment is full default everywhere. Non payers should be named and shamed.... it will be full of BAL scums... I hope IMF maintains their stance, BB argument is entirely bogus.

It is not a gossip. China is assisting in building a submarine base. They will house the 2 submarines we have. BN plans to acquire 4 more subs. Where they would come from is not clear however I would say chinese subs are the most likely possibility.

I am also part of the optimistic bandwagon. BD economy has reached a position where it has great depth of resilience. But having said that I also urge realism erring on the side of logic. I have great pride in BDs achievement but polemic chest thumping without any basis in economic...

You make an excellent point. Very rarely are there any reports of what is happening to the people. For all the improvements in generating greater amount of food in every sector are these within the reach of the lower strata of BDs. I suspect the growing middle class is disproportionately...

Yes that is Sadiq Khan.

Economic development is much more balanced and income disparity is much lower in BD than india. BD can not generate the number of jobs it requires so manpower export is necessary. It has also concentrated on low skill but high labour volume sector to address this. I have some sympathy with...

There is a lot of doom and gloom in the forum and there is a group who is eternally optimistic without any understanding of basic economics. The reality is somewhere in the middle. First about reserves, they will fall further before stabilising and rising. BD economy is strong enough. You...

There is no better revenue collection methodology than harnessing own resources. However things like shaeed minars and other beautification projects should be taken out for now. Concentrate on things in the first stage that matters like education and health facilities and infrastructural...

I dont think they will veto. China should propose it.

No it is not. The only income GoB has is what it collects via tax. It can use the USD reserves by withdrawing equivalent amount of taka from circulation. So when you read in the news that BB is releasing USD into the market, that is what they are doing. They are releasing USD and at the...

Off course IMF is better than open market borrowing, no one is arguing against that. BD bond market is closed at any rate. But no reserves are not for spending the way you think without runway inflation. It exists only to facilitate trade. Read up what M0 is in terms of money supply in...

I am not seeking validation from anyone. Your position is not borne by economic theory. I do not take anything here personally. You are spouting a position that defies logic. You are doing harm in seeking to stick up for BD. Your intention is good but your logic is false.

Sure but if we are talking about IMF loans we are talking about a short term one from everything that has been stated. Until the loan conditions are fully known it is premature to draw conclusion. Additionally taka may also move up or down which will impact the true cost of the loan. If taka...

Demographic dividend in action. We need to ensure this consumer market is not dependent on export but internal production. BD economic takeoff is well and truely established.

These guys do not understand basics of economics. When USD comes in BB holds it. If on the basis the USD it releases more taka into the economy it will cause inflation in BD. USD in our reserves are not used nor usable as these guys thinks. Just random chest thumping nonsense making BDs in...

No high USD inflation will have no impact on export or remittances. Neither of these USD are BD government funds to use as it wants without raising BD inflation skywards. Also if USD dollar is falling in value each USD will buy less amounts of goods and services. You implicitly understand...

So what? Does that mean BD has to pay back less dollars or more dollars if USD appreciates? No it pays back the same. US inflation has no implication for a loan from IMF to BD. Real value of a currency can only be exploited via the the monetary policies of the country that prints it. There...