Skip to main content

Posts

Showing posts from May, 2023

Renewal of Bangladesh passport

  Key things to keep in mind before application:   As on the date of this write-up, only e-passports are being issued in Dhaka based passport offices. No address verification is needed if only current address is changed For permanent address, address verification will be needed if the Thana (Police Station) is different. If you make any mistake at the time of filling up the application online and submit it, you can rectify those mistakes at the time of biometric input/taking picture on your appointment date. You can submit as a regular application and make payment for the urgent application if you have valid urgency, you may need some assistance from the officials of the passport office in those cases. If you face any problem you may speak to deputy assistant director, assistant director, additional director of the passport office, they are usually co-operative in most cases if you have a valid case. Avoid any tout, agents as they will only confuse you and most of them will ma...

Impact of inflation on GDP

  Inflation is a phenomenon that occurs when the general level of prices for goods and services increases over time. It is usually measured by an inflation rate, which reflects the percentage change in the overall price level over a specific period. Inflation can have a significant impact on an economy, including its GDP growth. In this essay, we will explore the relationship between inflation and GDP growth and examine the impact of inflation on different sectors of the economy. GDP (Gross Domestic Product) is a measure of the total value of all goods and services produced within a country's borders over a specific period. GDP growth refers to the increase in the value of production over time. Inflation can affect GDP growth in various ways, both positively and negatively. One of the most direct impacts of inflation on GDP growth is through the nominal GDP calculation. Nominal GDP measures the value of goods and services produced in current prices. As inflation increases, the pric...