Declining share of consumption in GDP
The Business Standard | Sajjad Zohir | 28 June, 2024 | The post-budget discourses often take off from commonly observed statistics. One such statistic was the declining share of consumption in gross domestic product, C/Y. A young reporter called me to get a quick reaction that she could use as a quote. I was puzzled with such demands since GDP is an accounting construct and there may be numerous ways...
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Bank mergers: lessons for a sucker in despair
Sajjad Zohir | The Financial Express | 18 May, 2024 | Only a few days or weeks before the Bangladesh Bank (BB) issued the April 4, 2024 circular, introducing guidelines for both voluntary and compulsory mergers, the Chairman of the ailing Padma Bank, M. Nafeez Sarafat resigned. Under a new Acting Vice Chairman, Afzal Karim, Padma Bank signed an MOU with Exim Bank in March 2024. Thus, the Prime...
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