tag:blogger.com,1999:blog-8640052064446748085.post4727313448074371371..comments2023-06-17T18:26:09.845+06:00Comments on Applied Macroeconomics Centre: Impact of higher interest ratesUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-8640052064446748085.post-300139711916800092012-08-26T13:36:24.491+06:002012-08-26T13:36:24.491+06:00I have read the news item in the Daily star. This ...I have read the news item in the Daily star. This situation is like a two edged razor for us. Combating inflation and simultaneously providing sufficient fund for the businesses at reasonable cost is really a challenge for us. I am afraid many might not agree with me, still I would say our businesses need to rethink their financing strategies and the central bank and government as well should think how to survive this trap. One comment from the news is that we are importing raw material from one of our competitor (china) still we want to be and remain competitive with them!! How come? We need to reevaluate our value chain , rethink our sourcing strategies as well. Well, I am a strong believer of support to private sector but to do so we need total revisit of our fiscal and monetary policy. Government is crowding out funds from the banking sector, cost of fund for the lenders are very high . In such situation the answer lies with the public sector policy makers.<br />Md Ashraful Alamhttps://www.blogger.com/profile/05166899787774886816noreply@blogger.com