Macro-economy facing challenging time

Macro-economy of Bangladesh is facing a challenging time due to high inflation and slow-down of overall economic activities following erosion of business confidence. "Bangladesh is now facing a very challenging macro-economic environment," said the Resident Representative of the International Monetary Fund (IMF), C. Dunn.

He attributed the challenging macro-economic environment to the anti-corruption drive, uncertainty among the businesses, high international commodity prices, high domestic inflation and escalation of import costs.

So, our authority should take proper initiative immediately.