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  1. R

    As $2.5b import bill looms in Ramadan, Bangladesh Bank opens crisis cell

    My source is FAO - https://www.fao.org/faostat/en/#data/QCL The 2.74 ton/ha figure is probably post milling figure. Secondly, you can raise yield to 7 ton/ha, but you will still remain a massive net importer overall.
  2. R

    As $2.5b import bill looms in Ramadan, Bangladesh Bank opens crisis cell

    It isn't that 'simple'. BD's rice yield is a perfectly respectable 4.7 ton/ha, higher than world average (4.6 ton/ha), higher than India (4 ton/ha). BD climate doesn't allow wheat cultivation. Wheat import alone eats up 1.1 billion USD from the treasury each year. BD can certainly improve...
  3. R

    As $2.5b import bill looms in Ramadan, Bangladesh Bank opens crisis cell

    It also has 170-180 million mouths to feed. The fact of the matter is BD is a net food importer by a huge margin. It's easy to blame the GoB. But plenty of countries are in the same situation. You are getting your hopes a little too high. BD is a massive food importer, to the tune of 7-8...
  4. R

    IMF approves $4.5b loan for Bangladesh

    Fuel subsidy is a major reason why both Pak and BD got in trouble. It badly distorts the economy. Pakistan in particular massively subsidized petrol for years. A fully floating currency would be a good thing, but politically impossible. Most likely BDT will remain at managed float but will be...
  5. R

    IMF approves $4.5b loan for Bangladesh

    The problem isn't that we won't grow. Rather it's a question of mass employment. I can fully believe that in 20 years time, Mumbai will be a highly productive dynamic city with excellent infra. One that can compete with any world city. The problem is, it still won't cover even 1% of India's...
  6. R

    IMF approves $4.5b loan for Bangladesh

    Agreed, but I don't see that happening of course. In fact even to reach $5000, these countries will need decades. And then of course, the average figure is misleading. There is bound to be huge income inequality. Technological improvements and production efficiency will make life a bit easier...
  7. R

    IMF approves $4.5b loan for Bangladesh

    The problem is, it's easier said than done. China cornered this market completely. Only bits and pieces are now left. I honestly don't see a way out for any of these countries. The world cannot accommodate another China. Most of the third world will grow to some extent, but hardly any will...
  8. R

    IMF approves $4.5b loan for Bangladesh

    BD has actually done pretty well compared to other developing countries. Still got in trouble the moment an external shock came. Really shows how vulnerable most of these countries are. The party can get over any moment. Basically you get 10-15 year windows to grow your economy as much as you...
  9. R

    BD almost catches up with India in GDP PPP per capita

    All these discussions about muh PPP, muh GDP are pointless. Half the population in the subcontinent are less productive than a free range chicken. These crowd will never find decent employment. To make matters worse, modern factories are so highly efficient, automated and productive, that you...
  10. R

    Rishi Sunak, of Indian heritage is new UK Prime Minister

    For those who don't know, our boy Rishi is married to the daughter of the founder of Infosys. Just wait and watch, how the dastardly Hindutva govt in Delhi uses the connection to pull strings on Britain, hue hue hue. On a serious note, he probably won't last 6 months and they will have to call...
  11. R

    Fuel price hike to help BPC make a profit of 205 crores per month

    In a way, it is indeed "Shuvonkorer Faki" BD imports most of its fuel BDT is on a managed exchange rate What this means is that under the current situation, domestic profit hardly has any relevance/importance to BD govt. What they are actually trying to figure out is at what price people will...
  12. R

    Bangladesh’s finance minister warns on loans from China

    No bank gives out loans without checking viability of the project. Responsibility lies on both sides. No I don't think China is a loan shark. But in coming years they are going to end up holding the bag for a whole lot of projects all over Asia and Africa. I don't think they care. They built...
  13. R

    Bangladesh raises fuel oil prices as much as 51.68%

    Forever. Fuel prices, once up, never come down. May be they will reduce a nominal 4-5% once the war ends. That's all. Economic activities will need to adjust.
  14. R

    PM Modi, Sheikh Hasina to inaugurate Maitree Power Project in Bangladesh

    Roopur + other coal based thermals are definitely good decision.
  15. R

    PM Modi, Sheikh Hasina to inaugurate Maitree Power Project in Bangladesh

    I said, if exports fall, even if domestic revenue remains constant, you still can't pay back dollars using taka. BB doesn't have an unlimited supply of dollars. It doesn't matter how efficient or productive you are domestically. With paper currency, the only way to import something is either...
  16. R

    PM Modi, Sheikh Hasina to inaugurate Maitree Power Project in Bangladesh

    Foreign debt is paid back by export earnings, not from domestic revenue. If exports fall, even if domestic revenue remains constant, you can't pay back dollars using taka. BD has plenty of export (+ remittance) to pay back the money. The problem is that LNG prices have shot up to absurd levels...
  17. R

    PM Modi, Sheikh Hasina to inaugurate Maitree Power Project in Bangladesh

    Tch tch. So much seethe. You see, the Chinese one didn't face hurdle at every step like the Indian one did. Or else it too would have been completed by now.
  18. R

    PM Modi, Sheikh Hasina to inaugurate Maitree Power Project in Bangladesh

    Isn't this the one at Rampal? The one which the env crowd were opposing tooth and nail because it will make the local tigers impotent, or something? Then there was the India factor. The plant was 'tainted' (no such objection was raised against the one being built by China) and many highly...
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