Bangladesh's remittance receipts touched a historic milestone in March, as expatriates funneled record volumes of foreign currency into the country to support families for the Eid-ul-Fitr festivities, even though regional conflict cast a long shadow over future inflows. According to the latest dat
Finance high-ups will sit tomorrow to finalise the outline of the first national budget of the new government amid severe Middle East war-linked stresses that are shaking up the country's economic base. Finance and Planning Minister Amir Khosru Mahmud Chowdhury will preside over two meetings of th
Bangladesh's per-capita income has risen to $2,769, Finance Minister Amir Khasru Mahmud Chowdhury told parliament Monday, outlining their new government's broader ambition to transform the economy into a trillion-dollar powerhouse by 2034. The disclosure came during the ninth sitting of the first
Bangladesh's economic growth significantly slows with the second-quarter GDP growth of this fiscal year declining to 3.03 per cent, official statistics show. The growth in the October-December period of the fiscal year (FY) 2025-26 marks a decrease from the level of 3.53 per cent recorded during t
The Executive Committee of the National Economic Council (ECNEC) today approved five development projects with an estimated total cost of Tk 4.83 billion (Tk 483.43 crore). Of the total project cost, Tk 3.91 billion will be financed from the government exchequer, while Tk 925.9 million will be sou
Private-sector credit growth remains subdued despite a peaceful transition of political power, reflecting persistent economic headwinds and weak business confidence. Entrepreneurs continue to hold back on expansion plans amid high borrowing costs, energy shortages and lingering uncertainties
Inflation in Bangladesh eases in March count as food prices give some respite although rising energy costs amid global crisis fire up nonfood price i Data released Sunday by the Bangladesh Bureau of Statistics (BBS) showed headline inflation rate having fallen to 8.71 per cent in March, down 0.42-
Commerce Minister Khandakar Abdul Muktadir on Sunday underscored the urgency of strengthening debt management and expanding the tax net, describing them as the top priorities in the country's current economic landscape. "The government is committed to meeting public expectations and is taking effe
Bangladesh is not yet fully prepared to graduate from the Least Developed Country (LDC) category, Finance and Planning Minister Amir Khasru Mahmud Chowdhury said on Sunday. Speaking to reporters after a multi-stakeholder consultation at the NEC conference room in Sher-e-Bangla Nagar, he said the c
The American Chamber of Commerce in Bangladesh (AmCham) has called for sweeping tax reforms, greater policy predictability, and faster digitalisation of revenue administration to align Bangladesh’s revenue mobilisation with economic growth. The recommendations were placed at a pre-budget dis
Finance and Planning Minister Amir Khosru Mahmud Chowdhury on Sunday warned that prices of essential commodities in Bangladesh are set to rise in the coming days due to ongoing global supply chain disruptions triggered by the Middle East conflict. “Due to the supply chain crisis, not only fu
The surplus in Bangladesh's trade in goods and services with the European Union rose by nearly 10 per cent in fiscal year 2024-25, underpinned by robust export growth, particularly in goods, despite rising outflows in services. The development highlights both the strength of the country's export e
The government on Saturday endorsed the urgent import of 0.1 million tonnes of diesel from Kazakhstan, and two cargoes of LNG from Singapore to bolster national energy reserves amid the Gulf crisis. The decision was finalised during back-to-back online meetings of the Cabinet Committee on Economic
