Historical background of Bangladesh Economy

Historical background of Bangladesh Economy

Bangladesh has a great economic history. This area was very rich and developed. Some harpy foreign & native people seized this area and made us the middle class. From the erstwhile, the Indian subcontinent (Bangladesh) was developed in education and natural resources. Nalanda University was one of the top educational institutes of that time. Many … Read more

Export and import of Bangladesh

Export and import of Bangladesh

The economy of Bangladesh is in a stable position because of the export sector. Ready-made garments and knitwear have the highest contribution to the exports of this country. Export and import of Bangladesh In July 2020, the total foreign currency reserve of Bangladesh Bank is $32093.3 million. The total import in 2018-19 is worth $56061 … Read more

Fiscal policy of Bangladesh in 2020-21

fiscal policy of bangladesh

The main vision and mission of fiscal policy are collecting revenue and controlling expenditures by continuing economic stability, investment-friendly situations, poverty alleviation, and skilled manpower. According to the budget management act-2009, this country is allowed to accept a deficit budget. The total revenue collected by the Bangladeshi government in 2019 was TK 350795 billion and … Read more

Foreign Employment and Remittances to Bangladesh

Bangladesh remittance

Foreign employment and remittance of Bangladesh Foreign employment and remittances have a lot of contributions in reducing unemployment, poverty reduction, foreign currency reserve, and overall countries’ economic development. Most of the migrant workers of this country work in Middle East countries. The government has established Probashi Kallyan Bank to encourage immigrants on investing to this … Read more