VAT on education: It’s not on

Posted by & filed under Comment.

When the World Bank withdrew its proposed funding of $1.2 billion for the construction of Padma Bridge alleging ‘corruption conspiracy’ at the high levels of government, the latter responded by promising people that the bridge would be built with internal resources. Some journalists asked me at that time if this was possible. It apparently did… Read more »

  • Comment 5

The state of economy: Budget deficit and borrowing

Posted by & filed under Comment.

“The ideas of economists and political philosophers, both when they are right and when they are wrong, are more powerful than is commonly understood. Indeed the world is ruled by little else. Practical men, who believe themselves to be quite exempt from any intellectual influences, are usually the slaves of some defunct economist.” J. M…. Read more »

  • Comment 9

Set the numbers free

Posted by & filed under Comment.

Forecasting is difficult, particularly about the future — the saying goes. Figuring out how things had been in recent past ought to be easier. Not so it seems when it comes to statistics in Bangladesh. Take the national accounts for example. Early every summer, the Bangladesh Bureau of Statistics releases provisional national accounts for the… Read more »

  • Comment 0