World Bank Latest Report on South Asia: oct 2015

[Stag112]

Sometime I wonder people even know what is forex reserve. No its not your savings account for crying out loud.

 

[ice_man]

very poor performance by Pakistan,we should had made it to atleast 4.8% last year.

Anything below 5% this year,the govt has failed.

what i would like to see is Pakistan growth since 2007-2013.

Zardari era literally took our country back by a decade if not more.

our growth will go into overdrive ONLY ONCE WE HAVE TAKEN CARE OF TWO ISSUES:

1) TERRORISM

2) ELECTRICITY SHORTAGE.

so all we need is continuity and reforms and maybe in the next couple of years we might be able to surpass 8% growth

 

[Sky lord]

Has this forecast factored in CPEC?

 

[Stannis Baratheon]

So bangladesh is showing lot of promise besides india. Good for region.

Our government cooks it up. Fall in global prices never affect the Bangladesh market.

Love how Indians come here and praise Hasina rather than talking about their country.

 

[mb444]

Bangladesh is simply playing it safe - much safer than India or Pakistan who take in much larger risks.

Debt to GDP ratio in Bangladesh is 18% - whereas it is around 65% in India and Pakistan. Macroeconomic policy is very conservative here.

IMHO Bangladesh Govt. should start spending generously in massive infrastructure projects (ports, airports, public transit, power generation projects etc.) without delay. Current infrastructure dates from the sixties/seventies and is largely inadequate.

Progress of building new infrastructure is quite slow. However infrastructure development is uniform across the board in all areas of the country unlike some neighboring countries owing to NGO/Govt. activities as well as a smaller area.

Bruv,

Foreign reserves are not available for the government to spend without impacting inflation. Consider reserves as BB transferring taka for foreign currency for that is exactly what is happening. The money that is coming in as remittance is being used by the people of the country in taka. Government holds foreign currency as opposed to taka, it can not simply start using it for whatever. One dollar remitence can not be spent by both the government and the family to which the remitence was sent.

I agree infrastructure spend should be increased. There are various mechanism to do that but my preference is sovereign bond.

 

[ganesh623]

Our government cooks it up. Fall in global prices never affect the Bangladesh market.

Love how Indians come here and praise Hasina rather than talking about their country.

Did i even mention hasina ?

Look kid, if you dont love your country then so be it, i am least bothered.

 

[mb444]

Our government cooks it up. Fall in global prices never affect the Bangladesh market.

Love how Indians come here and praise Hasina rather than talking about their country.

There is a valid reason for that. BD is banking wise a closed economy. Foreigners can not yet buy shares in our stock exchange and Taka is tied to dollar as opposed to free floating as such we have been fairly immune to financial shocks.

BDs export basket consists primarily of goods with low value addition and agri products. These items have low price to demand elasticity in that orders do not reduce and may actually increase where the market we are supplying to faces economic difficulty.

BD economy on the main is self sufficient. We grow our own food, have assured supply of oil. Cotton etc and we do not buy too many luxury goods from the outside. Apart from fuel and cotton our biggest expenditure is on capital machinery. Again our insularity offers level of immunity from global economic shocks.

That BD economy does not seem to show the effects of global economic shock is logically explainable. Infact it is also immune from natural disasters and political imbacility. Our economy Is private sector driven and people resilient and has been growing at above 5% a year for a quarter of a century.

Hindutva turds will do whatever hibdutva turds do.... Avoid them as you would any turd

 

[Stannis Baratheon]

There is a valid reason for that. BD is banking wise a closed economy. Foreigners can not yet buy shares in our stock exchange and Taka is tied to dollar as opposed to free floating as such we have been fairly immune to financial shocks.

One needs to be crazy to invest in such volatile share market

Did i even mention hasina ?

Look kid, if you dont love your country then so be it, i am least bothered.

Wasn't talking about you. In here replying twice with no other reply in between leads to one comment.

BD economy on the main is self sufficient. We grow our own food, have assured supply of oil. Cotton etc and we do not buy too many luxury goods from the outside. Apart from fuel and cotton our biggest expenditure is on capital machinery. Again our insularity offers level of immunity from global economic shocks.

Are you talking about edible oil! No luxury goods because of high tariffs (although I myself support it).

That BD economy does not seem to show the effects of global economic shock is logically explainable. Infact it is also immune from natural disasters and political imbacility. Our economy Is private sector driven and people resilient and has been growing at above 5% a year for a quarter of a century.

This I totally agree with you. No matter how violent political affairs get or how corrupt public and law enforcement become, we don't seem to suffer much from it in the long run. This part is quite surprising.