Notwithstanding how Bangladesh Bank (BB) chose to describe it — cautious, accommodative, etc. — there is little doubt that the monetary policy of the country was expansionary until about last one year.
Happy Spring! This weekend, members of my family were dedicating that precious commodity of time, that which is so lacking in all of our lives, and we took advantage of the unseasonably warm weather to plant our garden.
“India is a great neighbour”; “China is a great market”; “The region should try being inward looking”; “Oh! But manufacturing cost in China is high and they must buy from us!” “Ah! Garment exports posted 42.49 per cent growth in the 11 months of the current fiscal year!” All these form a part of our… Read more »