I'm writing to draw attention to the big money problems in Bangladesh right now. We need to figure out how to fix them and make sure our country can grow steadily.
One big problem is depreciation of our currency. This hurts businesses and regular people because it makes things like imports more expensive and causes prices to go up.
Also, we're spending more money than we're making, which is a big issue. To fix this, we need to be smarter about how we use our money, like making better budgets and collecting taxes more efficiently. This will help our country's finances stay healthy and help our economy grow.
Plus, with all the problems caused by COVID-19 around the world, it's even more important for us to find new ways to make money and make sure important industries like farming, manufacturing, and technology can keep going strong.
In short, we need everyone - the government, banks, and businesses - to work together to solve these financial problems and make sure the economy grow strong.
Fahmida Akter Pothi
Student
North South University
fahmida.pothi@northsouth.edu