Needed global financial reforms foregone yet again

Calls for more government regulation and intervention are common during crises. But once the crises subside, pressures to reform quickly evaporate and the government is told to withdraw. New financial fads and opportunities are then touted, instead of long needed reforms. Global financial crisis The 2007-2009 global financial crisis (GFC) began in

FICCI to help govt overcome economic challenges

The Foreign Investors’ Chamber of Commerce & Industry (FICCI) will cooperate with the government to succeed in overcoming the ongoing financial crisis, a press release said Saturday. The chamber President Naser Ezaz Bijoy said this at the 59th Annual General Meeting (AGM) held on Thursday, 08 December 2022 at The Westin

Join rally to reply to govt’s ill-motive: Mosharraf

BNP on Friday called upon the Dhaka city dwellers to spontaneously join their party's rally in Golapbagh ground peacefully to give the government a befitting reply to its efforts to foil a democratic programme. "We will hold the programme in Dhaka peacefully as we did in nine other divisional cities.

Govt resorts to public diplomacy against propaganda

The government has given importance on public diplomacy to counter anti-Bangladesh propaganda abroad and spreading of misinformation against the development activities. In the light of the government’s instructions, the Public Diplomacy Wing of the Ministry of Foreign Affairs has taken various steps to raise the image of the country to

Govt staged Nayapaltan clash to foil Dec 10 rally: Fakhrul

BNP Secretary General Mirza Fakhrul Islam Alamgir said on Wednesday that violent clash between BNP activists and police outside the party's central office at Nayapaltan was planned by the government to foil the party's upcoming divisional rally in Dhaka on December 10."I came to Nayapaltan and tried to enter my

Govt won’t show lenience if BNP creates chaos : Quader

Voicing a note of warning that the government will not show any lenience if BNP tries to do excesses, resort to chaos and create threats to people's property in the name of holding public rally, said Awami League general secretary and road transport and bridges minister Obaidul Quader. "Opposition parties have

Govt will bring back the money Hawa Bhaban laundered: Quader

Awami League General Secretary Obaidul Quader Thursday said the government will bring back all the money Hawa Bhaban siphoned off abroad during the BNP-Jamaat era."Tarique Rahman (BNP acting vice-chairman) moved to London saying that he did not want to do politics. Tarique Rahman was identified by FBI (Federal Bureau of

Allow us to hold Dec 10 rally at Nayapaltan: Fakhrul

BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday urged the government to take necessary take steps so that their party can hold its rally at Nayapaltan, instead of Suhrawardy Udyan, on December 10. "From our party, we sent a letter to DMP for holding our divisional rally at Nayapaltan

Govt aims to reduce budget deficit to 5pc by FY25

The government is projecting to rein in the budget deficit back within 5 percent of GDP by the 2024-25 fiscal from the current 5.5 percent.The budget deficit for the 2023-24 fiscal has been projected at 5.1 percent, according to an official budget document.The revised deficit in fiscal 2021-22 was 5.1