How will Bangladesh cope with IMF reform requirements?

[bluesky]

At least you are progressing under her control. Too many military take overs for too long is a recipe for disaster. Remember Lt. Gen. Muhammad Ershad? When two parties fight military will have an excuse to take over.

What progress you Indians keep on parroting? A country needs a sustainable development with its own manpower and technology.

Neither Hasina nor a guy like you would understand it.

 

[mb444]

What is Bangladesh's inflation rate? It was 9% p.a. in October 2022. No need for Keynes when natural expansion is already so high. Anymore and Bangladesh will become Pakistan. Poor people lose more during high inflation.

Unfortunately he just picked the the term ...he does not know what it means...lol

 

[my2cents]

What progress you Indians keep on parroting? A country needs a sustainable development with its own manpower and technology.

Neither Hasina nor a guy like you would understand it.

Bd has improved in many sectors. Let me list few that come to my mind. Your GDP, GNP and growth rate has surpassed Pakistan.

Your HDI is one of the highest in South Asia. Your women in labor participation is also high compared to India and Pakistan. You have successfully contained population growth and also reduced child mortality by educating your women through grassroots movement. Least I forget you guys are pioneers in micro finance which transformed credit to underrepresented masses ( credit goes to Mr. Yunus). Also Padma Bridge, Land border Agreement, Improved relations with India which resulted in FTA, Improved foreign reserves,and 2nd biggest garments industry after China.

 

[bluesky]

Bd has improved in many sectors. Let me list few that come to my mind. Your GDP, GNP and growth rate has surpassed Pakistan.

View attachment 897726
Your HDI is one of the highest in South Asia. Your women in labor participation is also high compared to India and Pakistan. You have successfully contained population growth and also reduced child mortality by educating your women through grassroots movement. Least I forget you guys are pioneers in micro finance which transformed credit to underrepresented masses ( credit goes to Mr. Yunus). Also Padma Bridge, Land border Agreement, Improved relations with India which resulted in FTA, Improved foreign reserves,and 2nd biggest garments industry after China.

All these Internet data are irrelevant now. However, Indians try to portray BD, it is nearly bankrupt. Wait for just a few more weeks

 

[bluesky]

View attachment 896873

Now do you guys get it what I said about, "Lungir Gira dise khuila?"

Look at the graphic and let me know.

This is all Hasina's doing. Thanks Hashu-aunty.

In hindsight though, we needed this prescription to halt the rampant looting.

Hasina Bibi is not going to comply with the IMF requirements. If she does, it will open her dubious nature. She does not understand what is a national economy and she disbursed money earned by remittance and earned by the poor workers in the garments as if there is no tomorrow.

Now, her tomorrow has finally arrived. Though she is expecting remittance on a large scale. But, it will not happen because the expatriates love to send money by Hundi. The rate is Tk10 higher.

Her cronies are still laundering their stolen money in billions of dollars for safekeeping overseas. So, Hundi will be there in whatever way our BB threatens.

 

[my2cents]

All these Internet data are irrelevant now. However, Indians try to portray BD, it is nearly bankrupt. Wait for just a few more weeks

Just reduce your imports, you will be fine. You are already doing that which will improve health of your reserves. It will buy more time.

 

[BananaRepublicUK]

Just reduce your imports, you will be fine. You are already doing that which will improve health of your reserves. It will buy more time.

@bluesky is a party hack. He is praying for Bankruptcy because that’s the only way BNP will have a chance.

Party before country.

But Hasina will ride out Dollar crunch just like she rode out covid.

He was predicting doom during covid as well. And was insulting @UKBengali for predicting good recovery from covid.

@bluesky has cried Wolf too many times.

 

[UKBengali]

@bluesky is a party hack. He is praying for Bankruptcy because that’s the only way BNP will have a chance.

Party before country.

But Hasina will ride out Dollar crunch just like she rode out covid.

He was predicting doom during covid as well. And was insulting @UKBengali for predicting good recovery from covid.

@bluesky has cried Wolf too many times.

As predicted back in September, BD foreign reserves have quickly stabilised.

Bangladesh Foreign Exchange Reserves, 1972 – 2023 | CEIC Data

Bangladesh Foreign Exchange Reserves was measured at 26.2 USD bn in May 2023, compared with 27.2 USD bn in the previous month. Bangladesh Foreign Exchange Reserves: USD mn data is updated monthly, available from Dec 1972 to May 2023.

www.ceicdata.com

"Bangladesh Foreign Exchange Reserves was measured at 32.2 USD bn in Oct 2022, compared with 32.9 USD bn in the previous month See the table below for more data."


That is enough for 5-6 months of imports and that is considered sufficient.

BD economy will ride out the current economic headwinds better than nearly all other developing economies as it was in such a good position at the start of this year.

 

[bluesky]

Just reduce your imports, you will be fine. You are already doing that which will improve health of your reserves. It will buy more time.

Here comes another BAL-supporting Indian Doctor of Economics here gives advice on how to cure the economic cancer of Bangladesh.

Cannot you just leave our forum and go back to your Mahabharat forum to spew your continuous idiocracy?

 

[bluesky]

Bd has improved in many sectors. Let me list few that come to my mind. Your GDP, GNP and growth rate has surpassed Pakistan.

View attachment 897726
Your HDI is one of the highest in South Asia. Your women in labor participation is also high compared to India and Pakistan. You have successfully contained population growth and also reduced child mortality by educating your women through grassroots movement. Least I forget you guys are pioneers in micro finance which transformed credit to underrepresented masses ( credit goes to Mr. Yunus). Also Padma Bridge, Land border Agreement, Improved relations with India which resulted in FTA, Improved foreign reserves,and 2nd biggest garments industry after China.

Do not please bring up all those idiotic links. Check the ground reality and this is what some of us tell here. Read BD newspapers instead of searching out some irrelevant internet links.

BD has asked for the IMF bailout. Tell me why it is needed if everything is so rosy?

Wake up. Do not oversleep. Know that no country has ever developed without contributions of its own people. And BD cannot build a single project by its own people and money.

A sustainable development is what is needed. Hasina failed in every count.

 

[my2cents]

Here comes another BAL-supporting Indian Doctor of Economics here gives advice on how to cure the economic cancer of Bangladesh.

Cannot you just leave our forum and go back to your Mahabharat forum to spew your continuous idiocracy?

For your information I don’t support either party. Until few years back I used to be confused by both women because I never felt like it is important to know. Bd was not in international scene until you overtook India and Pakistan in per capita income. We took notice, at least I did. So, if you see third person account it only gives what news is fed to us by the media. People who give different narrative like yourself give us different take on things.

 

[xyxmt]

To help our Bangla brother Govt is Pakistan is offering the services of Miftah Ismail and Ishaq (Dollar) Dar free of cost. Both are considered the masters of negotiation when it comes to IMF, They can say "yes Sir" in 300 different ways.