Idiotic Sinking state of Bangladesh

[Butter Chicken]

Bangladesh has to spend Tk 7 to generate a unit of electricity, whereas India is ready to sell us electricity at Tk 5 per unit: Bangladesh Cabinet Minister.

 

[Butter Chicken]

 

[Suryavanshi]

Why are the most beautiful places infested by Islamic monkeys.

I repeat East Bengal is the real Bengal and Our leaders gave away even the Hindu majority parts.

We gave away too much land.

 

[shade]

 

[shade]

Petition to change Sinking to Stinking in thread title for more accuracy alhamdulilah.

 

[shade]

‘No compromise on honour of Prophet’: Minister explains Bangladesh stand on row

Prophet comment row: Bangladesh information minister Hasan Mahmud said Dhaka has no intention to instigate the matter and welcomes action taken by Indian authorities against the two BJP spokesersons Nupur Sharma and Naveen Kumar Jindal

www.hindustantimes.com

Entire article summary in one image :-

 

[shade]

btw boys, when Bilols or other Kanglus forget their aukat, just bombard them with the pictures of this happy couple <3

JOY BONGLA BHARAT

 

[Butter Chicken]

Brave lady

 

[asaffronladoftherisingsun]

Meanwhile the npc chaddistitchers.

 

[Butter Chicken]

Beedis attacking helpless BD Hindus now

 

[Dr_Deep]

In the days of economic uncertainty and cheap Russian oil... some govts are smart to keep their mouth ..and mind their own business. Especially, if they gonna sign FTA with India and needs us to pursue Russians to sell oil..

 

[Vinash]

Paki expresses her true feelings about Bangladeshis.

Banglus on suicide watch

 

[Butter Chicken]

West targeting Russians?

A Russian national working in Bangladesh has been found dead. At least 12 Russian nationals have been killed in Bangladesh in the past year. Each of them was involved in building a nuclear reactor.

 

[karn]

West targeting Russians?

A Russian national working in Bangladesh has been found dead. At least 12 Russian nationals have been killed in Bangladesh in the past year. Each of them was involved in building a nuclear reactor.

Wow .. dead Russians ? Obviously the CIA
I doubt china rolls that way .. if they wanted to sabotage Russian Nuke exports they would just give the kanglus cheap loans with a cheap reactor.

 

[FalconSlayers]

Paki expresses her true feelings about Bangladeshis.

Banglus on suicide watch

View attachment 159892

Frenly reminder

 

[Chandragupt Maurya]

Why are the most beautiful places infested by Islamic monkeys.

I repeat East Bengal is the real Bengal and Our leaders gave away even the Hindu majority parts.

We gave away too much land.

Entire Eastern Region including Nepal , Bihar , Jharkhand , Bengal , Bangladesh , Assam and The south East Asian countries are beautiful rich in rivers , beautiful mountains and lakes
Tallking about natural beauty alone This region is the most beautiful place on earth in my opinion

 

[shade]

West targeting Russians?

A Russian national working in Bangladesh has been found dead. At least 12 Russian nationals have been killed in Bangladesh in the past year. Each of them was involved in building a nuclear reactor.

Muscle flexing vs Rooskies.
If the plot was to simply scuttle the reactor project and get the Kanglus to choose more (((free))) and (((democratic))) vendors, they could have used the Kundakulam plant protest playbook.

 

[Chandragupt Maurya]

btw boys, when Bilols or other Kanglus forget their aukat, just bombard them with the pictures of this happy couple <3

View attachment 159783

JOY BONGLA BHARAT

Islamism will die in East , East means Buddhism and Hinduism only
Islamism came from central asia and middle east I don’t know how it became majority in Bengal , Indonesia and Malaysia

 

[not so dravidian]

West targeting Russians?

A Russian national working in Bangladesh has been found dead. At least 12 Russian nationals have been killed in Bangladesh in the past year. Each of them was involved in building a nuclear reactor.

This is actually quite concerning, a Russian engineer who oversaw the maintenance of arihant class reactor too died mysteriously in vishakapatnam.

A local news paper said it was heart attack, but no other major media has said the same, and FIR yet is not taken back

 

[Ugra Bhairav]

Kangal desh on the path to become another Sri Lanka....

Super-Duper successful state of Kangla desh to prove its name correct:

Forex reserves under strain: Govt defers employees' foreign tours, less important projects

The government finally raised its guard against the dwindling dollar reserves, putting its employees’ foreign tours on hold and deferring projects that require much imports.

www.thedailystar.net

Rejaul Karim Byron , Zina Tasreen

Thu May 12, 2022 08:00 AM Last update on: Thu May 12, 2022 12:54 PM



The government finally raised its guard against the dwindling dollar reserves, putting its employees' foreign tours on hold and deferring projects that require much imports.

This comes a day after the central bank toughened its rules for luxury and non-essential imports like sports utility vehicles, washing machines, air conditioners and refrigerators.

The twin moves are expected to safeguard the foreign currency reserves, which have come down to less than $42 billion -- enough to cover five months' imports.

"When times are tough, we have to take decisions that are tough too," Finance Minister AHM Mustafa Kamal told reporters after a meeting of the cabinet committee on public procurement yesterday.

The impacts of the Ukraine war, which has increased the prices of commodities in the global market, are being felt everywhere.

"We cannot say when the Ukraine war will end. Considering the global situation, we have taken this step. All this while, we were living in luxury. We can defer our luxury purchases for a month, two months or six months."

Projects that would not derail the strong economic growth momentum are being deferred, Kamal said.
"We are restructuring to effectively manage the situation. Through this, our economy will become more robust," he added.

Economists though said the government should have acted more proactively and taken the step as soon as the reserves began dipping.

After a pause in 2020 for the global coronavirus pandemic, imports started surging in 2021.

Exports were surging and remittance was gushing in, so reserves stayed at a healthy level, enough to give cover to six to eight months' import throughout last year.

The situation took a turn in January with the start of Russia's invasion of Ukraine. The reserves began to feel the pinch of the drop in remittance growth, which began in July last year, as well as the swelling import bill.

By February, the import cover came down to less than six months and has been getting worse since.

Meanwhile, the taka began depreciating and the central bank was selling dollars from the reserves to keep the exchange rate stable.

"This step was necessary and should have been taken much earlier," said Debapriya Bhattacharya, distinguished fellow of the Centre for Policy Dialogue.

For instance, Nepal imposed a ban on luxury and non-essential imports last month, when its import cover was for seven months.

The World Bank and the International Monetary Fund prescribe a reserve buffer of six months' import bill.

"I don't know how much success this piecemeal move will have in preserving the foreign currency reserves," Bhattacharya added.

Earlier on April 11, banks were instructed to impose a margin of at least 25 percent on the opening of letters of credit for non-essential consumer goods but to no avail.

The government should have acted decisively much before, said Zahid Hussain, a former lead economist of the WB's Dhaka office.

"I have been saying for a while that the government's foreign currency expenditure must be brought down promptly. If the import demand is not cut, the deficit in the current account that has been widening every month will not be brought down. These are the right steps."

Hussain went on to advise the central bank to exercise restraint in its currency sales.

"The reserves have now come at a stage that it is the bare minimum. Normally, six months' import cover is sufficient but given the global inflation, eight to nine months' cover would be safe."

The exchange rate adjustment must be allowed to depreciate more.

"It will have an impact on remittance and import -- it will help both ways."

The inflation will increase but that is necessary.

"Those who will be impacted by the rising prices should be given a helping hand through the budget as not everyone will be impacted. Monetary policy cannot help them much."