Remittance and black money

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The title of this piece – remittance and black money – seems awkward. Remittance is something that we all want; the Bangladesh Bank celebrates its increased flows

  • Comment 6

Nod to black money but for whom

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Black is defined as non-existence of colour while white is the opposite, combination of all colours. So, psychologically, white is supposed to be more desirable than black.

  • Comment 2

Off the mark: Black economy and black money

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During the penultimate hours of the final budget deliberations, where black money whitening was on the card, the Minister of Finance revealed a startling finding from a little-known study that between 45 to 81 percent of the GDP of Bangladesh is derived from black economy.

  • Comment 2

Off the mark: Whitening black money

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The government has again succumbed to the pressure of whitening (legalising) black money. This did not come as a surprise: once the government permits whitening black money, the pressure to continue with it becomes irresistible.

  • Comment 6