BANGLADESH BUDGET Growth: the world economy was close to a collapse due to the recent Global economic crisis. However‚ the global economy has turned around and recovered from recession faster than expected. The process and pace of recovery‚ however‚ varied in different regions of the world. In the recovery process‚ the developing Asian economies made remarkable strides. According to the latest forecast‚ the world economic growth is expected to reach 4.2 percent in 2010 whereas it shrank to
Premium Monetary policy Central bank Macroeconomics
Prospects of Garment Industry in Bangladesh: 1. Financial Prospect: Over the last fifteen years or so the garments industries have emerged as the largest source of earning foreign currency. Industry Sector: 2.5 In the industry sector‚ which contributed 29.7 percent of GDP‚ growth rate slowed down from 6.8 percent of FY08 to 5.9 percent in FY09. Within this sub-sector knitwear‚ rice milling‚ dairy products‚ leather products‚ footwear‚ embroidery‚ wooden furniture‚ paper and paper products‚ nonmetallic
Premium Industry Fiscal year
Bangladesh has a primarily agrarian economy. Agriculture is the single largest producing sector of the economy since it comprises about 18.6% (data released on November‚ 2010) of the country’s GDP and employs around 45% of the total labor force.[1] The performance of this sector has an overwhelming impact on major macroeconomic objectives like employment generation‚ poverty alleviation‚ human resources development and food security. A plurality of Bangladeshis earn their living from agriculture.
Premium Agriculture
Bangladesh Bank is the Central bank of Bangladesh. It is the monetary authority of the country. It came into existence under the Bangladesh Bank Order 1972 (Presidential Order No. 127 of 1972) which took effect on 16 December 1971. Through this order‚ the entire operation of the former State Bank of Pakistan in the eastern wing was transferred to Bangladesh Bank. Bangladesh Bank has 9 branch offices‚ two in Dhaka city (Sadarghat and Motijheel)‚ and one each in Chittagong‚ Khulna‚ Rajshahi‚ Sylhet
Premium Central bank Monetary policy Foreign exchange reserves
Accounts Payable: This is the amount of money that is owed for the purchase of either goods or services from any organization or any entity at a particular date. This is a kind of current liabilities. This term is showed in the Balance Sheet as part of the Total Liability of the organization. Importance of Account Payable: Accounts Payable is one of the major liabilities for an organization. An organization must clearly and precisely identify the amount of Accounts Payable to compare the liability
Premium Generally Accepted Accounting Principles Balance sheet
EXECUTIVE SUMMARY Forecast of governmental expenditures and revenues for the ensuing fiscal year. In modern industrial economies‚ the budget is the key instrument for the execution of government economic policies. Because government budgets may promote or retard economic growth in certain areas of the economy and because views about priorities in government spending differ widely‚ government budgets are the focus of competing political interests. The budget has been announced with eight major objectives
Premium Public finance Poverty
intentions: “solidarity” in Bangladesh The cost of good intentions: “solidarity” in Bangladesh Naila Kabeer 24 June 2004 How can the lives and conditions of women garment workers in Bangladesh be improved? Naila Kabeer questions whether the workers themselves benefit from the campaigning approach of Anita Roddick and the National Labor Committee. Anita Roddick writes on openDemocracy with passionate anger about the conditions of women workers in the export garment sector based on testimonies of
Premium Bangladesh Employment Labour economics
Effective Digital Bangladesh: concepts‚ values perspectives of Third world We all love our country Bangladesh. As a Bangladeshi‚ we have different perception‚ religious beliefs‚ and contingency of thoughts‚ available information and correcting response of emerging issues‚ which are affecting our personal life with changing the environmental. Now all of the Bangladeshi people have been known the emerging concept “Digital Bangladesh Vision 2021”in this Informational age. Digital Bangladesh: Young Generation
Premium Bangladesh
significantly widened up the industry over the years. Consequently‚ telecommunication industry has impacted positively on National development and globalization. Thus‚ National development can be seen as a process that involves extending the benefits of development such as constructing of roads‚ sinking of boreholes‚ building of schools‚ hospitals‚ etc to the people. National development cannot be possible without development communication‚ hence‚ telecommunication. Development communication is the
Premium Telephone Communication Television
unregulated markets led to competition‚ yet this system suffered under the wrath of growing corporations. The impact of big business on the economy and politics was immense during 1870 to 1899. Corporations were growing significantly in number and size‚ which had a domineering affect on American economy and defined American life. The growing corporations in America dominated most of the economy‚ creating a large gap between the rich and the poor. During this time period food‚ lightening‚ and fuel prices
Premium Industrial Revolution Standard Oil Laborer