How will the economy gain pace amid the current investment drought?
Dhaka, June 6 -- The new BNP government, which came to power in the 13th parliamentary election after an eventful one and a half years under the interim government, will present its budget for the new fiscal year in a few days.
Some major concerns for the new government are the stagnation of private credit growth and government investment. Foreign direct investment is also on the decline.
Under these circumstances, talk has centred on how far the economy can turn around under the leadership of Prime Minister Tarique Rahman, who has been in power for 100 days, and how the investment doldrums will be overcome.
New initiatives to establish industries in Bangladesh and business expansion have stalled due to contractionary monetary policy m...
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