Cards to Casinos: How politicians ruined the sports clubs

Cash is surging, still not excessive

Thus it may be presumed that a large section of people have small amount of cash in their houses. Only a few people have large or excessive amount of cash at their disposal due to rising disparity in income. In 2010, share of   bottom five per cent of the population was only 0.78 per cent of total national income and it further declined to 0.23 per cent in 2016. At the same time, income share of top five per cent increased to 27.89 per cent in 2016 from 24.61 per cent in 2010. Moreover, when compared to the country’s Gross Domestic Product (GDP), it shows that the proportion of cash in Bangladesh economy is not as large as presumed by many.

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Most of the Zamindar (জমিদার) mansions from Bangladesh were owned by the Hindu Zamindar (জমিদার). After the division of the country during 1947, and also later 1971, most of those powerful owners were coerced to leave the country, or cringed away to avoid the secular vandalism. Later government has taken control of few of those buildings and used as their official purpose (which are still in a presentable state). But others are in total ruin by now a days for lack of care. It is not sure but people believed that they have started their Zamindari somewhere around 1890. First Zamindar (জমিদার) was Kalichoron Shaha (কালিচরণ সাহা).

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During the first 10 days of Muharram, Shia people used to gather at this place to mourn for Al-Hussain. Though it’s a festival of Shia people, but local Sunni people used to join with them and bemoan with them. More about this building and festival is available at Wikipedia. The law enforcement agencies have not disclosed the names of these apps to the media.

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• An inscription of a building beside the house established by Brajen Munshi indicate the established date 1880 A.D.
• Hussaini Dalan (হোসেনী দালান), some people pronounce as Hosaini Dalan, is another edifice from Dhaka.

In case of death before attaining the age of 75 years while on pension, the nominee of the pensioner will be entitled to pension for the remaining period of attaining the age of 75 years. He said that universal pension has got a huge response from the people. We are told that more than 10,000 have already been registered. The president of Bangladesh Krishak League, agriculturist Sameer Chand, former secretary general of KIB, agriculturist Md. Mubarak Ali, Bangabandhu Sheikh Mujibur Rahman Agricultural University Vice-Chancellor Professor Dr. Md. Ghiyasuddin Miah and the current treasurer of KIB is agriculturist M Aminul Islam addressed the meeting.

Cards to Casinos: How politicians ruined the sports clubs

The most common way to express use of cash in a country is to calculate the ratio of currency in circulation (CIC) to nominal GDP. Nominal GDP is GDP at current market price and thus not inflation-adjusted. In FY19, nominal GDP of Bangladesh was estimated at Tk 25.36 trillion when total amount of currency in circulation was Tk 1.70 trillion. So the CIC-GDP ratio stood at 6.72 per cent in the past fiscal.

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Currency in banks is technically termed ‘currency in tills of deposit money banks (DMBs)’. It is also cash because banks maintain cash and pay the cash to depositors and lenders. Currency with the public is the amount of money held by individuals and institutions entirely in cash. Without going into the details of monetary aggregates, it may be simply mentioned that one is currency creation or supply side, another is use side. Bangladesh Bank notes and government notes and coins generate the total currency in circulation with Bangladesh Bank notes accounting for 99.0 per cent of the total.

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• Currency in banks is technically termed ‘currency in tills of deposit money banks (DMBs)’.
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In addition, the meeting was attended by Bangladesh Medical Association president and another member of the presidium of Bangladesh Awami League Dr. Mustafa Jalal Mohiuddin. Mahboob Alam Farooq KIB vice president agriculturist the program was conducted by Secretary General Agriculture. Speaking as a special guest at the event, Awami League Joint General Secretary AFM Bahauddin Nashim said that BNP-Jamaat leaders and workers suffer if they catch militants or take any action against them. However, it will never be possible in this country as long as Bangabandhu is alive. So they are involved in various conspiracies with foreign powers.

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• She said this while addressing as the chief guest at a discussion meeting organized on the occasion of the National Mourning Day at the Krishibid Institution auditorium in Khamarbari of the capital on Monday.
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A case was filed against Manik at the city’s Chandrima Police Station, and he was later arrested. Investment apps are so popular in the northern divisional city of Rajshahi that many have opened ‘offices’. Currently, an app called ‘MTFE’ is the most popular in the city. However, Bangladesh Bank redirects questions to law enforcement.

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On August 13, the government published the gazette finalizing the universal pension rules. Prime Minister Sheikh Hasina inaugurated the program on August 17.

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He said if someone commits money laundering or any other financial crime on foreign apps or websites or in any other way, Bangladesh Bank will look into it. Customers fall for these scams by visiting web pages and downloading apps from the Play Store. Digital wallets are created without authorisation for money transactions.

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