The latest World Bank report paints a challenging picture of the Bangladeshi economy. The institution forecasts GDP growth slowing to 3.9% in fiscal year 2026 – the third consecutive year of deteriorating indicators. The Middle East conflict further compounds macroeconomic challenges for this South Asian country.
Professor Muhammad Yunus, Acting Chief Advisor to the Interim Government of the People’s Republic of Bangladesh (i.e. the interim head of government until the new authorities of the Republic are elected), offered his condolences to the Secretary of State of the Holy See on the death of the Holy Father … Read More
In the Bangladeshi capital, there have been massive student protests recently. According to correspondents’ reports, more than 100 people have been killed.
Bangladesh received the green light from the International Monetary Fund (IMF) in late January 2023 to disburse a $4.7 billion loan. The loan has been granted for 42 months and is attached to help maintain the country’s economic stability. Recently, this Asian tiger has been struggling with crisis, foreign currency … Read More
According to press reports, Bangladesh is closely observing the effectiveness of military equipment during the hostilities in Ukraine. These observations have most likely resulted in an agreement between the Bangladesh Army and the Turkish company Baykar Technology.
Bangladesh is facing a serious energy crisis due to a sudden rise in commodity prices. Of course, the change in prices is linked to the outbreak of war in Ukraine.
In uncertain times, with war, political divisions and the pandemic situation of a year ago devastating the world’s economies, Bangladesh’s market continues to grow.
For the past few weeks, residents of Europe have been facing record heat waves that often exceed 35°C. Italy, Greece and Portugal are in a particularly dangerous situation, with their governments issuing advisories for residents not to waste water, which is slowly starting to run out. In a similar situation … Read More
President of the Chamber – Artur Gontarczyk – gave an interview to the magazine “Biznes i Ekologia” on the activities of the Chamber and the Polish – Bangladeshi economic cooperation. The interview will be published in the January 2022 (155th) issue of the oldest Polish magazine in the ecological business … Read More
Prime Minister Sheikh Hasina has directed that a system be devised to bring all citizens over 60 years of age under the social security benefit scheme.
