The visiting International Monetary Fund (IMF) delegation has advised Bangladesh Bank (BB) to disclose detailed and complete information regarding bad and risky loans in the public interest. The visiting IMF delegation gave this suggestion in the meeting held with the central bank officials on Sun
Thai entrepreneurs may take full advantage of the reformed investment policies of Bangladesh by investing in various sectors of the country, a spokesperson for foreign ministry said on Saturday. To enhance bilateral trade, the Embassy of Bangladesh in Bangkok hosted a business meeting with Thai en
Waseqa Ayesha Khan, state minister for finance, has said in the next national budget the government will emphasise controlling inflation and boosting remittance and exports. She said this while speaking as the chief guest at a pre-budget roundtable discussion, organised by the Institute of Cost an
The International Monetary Fund’s 10-member mission will start reviewing the fulfilment of the conditions of its loan programme with Bangladesh on Wednesday, ahead of the release of the third tranche of the loan. The review mission is scheduled to reach Dhaka on Tuesday and will stay in Bang
Terming institutional weaknesses one of the major areas of concerns, discussants at a programme on Sunday suggested major reforms in government institutions for the sake of a sustained economic development in the country. There is an urgent need for ensuring good governance and rule of law along w
A report by Indian think-tank CUTS International (Consumer Unity & Trust Society) has warned India about the possible impact of the proposed Bangladesh-Japan Free Trade Agreement (FTA) on its trade with Bangladesh. The report -- a quarterly analysis by CUTS Dossier on Preferential Trade Agreements
The Bangladesh Institute for Professional Development (BIPD) on Saturday alleged that Fareast Finance and Investment Limited has illegally held back its six FDRs worth Tk 10.83 million for six years. The BIPD, a training and research institution catering to teachers and students in the financial s
The government on Saturday signed a US$71 million loan agreement titled 'Loan 4440-BAN: Climate-Resilient Integrated Southwest Project for Water Resources Management' with the Asian Development Bank (ADB) to ensure climate resilient water resources management. Md Shahriar Kader Siddiky,
Finance Minister Abul Hassan Mahmood Ali has said there is nothing to worry about the downgrading of the growth forecast for Bangladesh by the IMF for the current fiscal year. He said he is satisfied with the recovery of Bangladesh’s economy, reports UNB. The finance minister said thi
The government set a target to elevate capital expenditure in the medium term (2025-26 fiscal) aiming to achieve sustained economic growth. The government has set the target as it thinks that there is no alternative to increasing capital expenditure which profoundly impacts the economy's productio
Inward remittance has witnessed a downward trend amid the Eid-ul-Fitr festival, with expatriate Bangladeshis remitting $877.10 million in the first 12 days of this April. Earlier in January, remitters sent home $915.91 million in the first 12 days of the month, according to data available with the
The government has earmarked Tk 385 billion for agricultural development over the next three years, targeting an average annual growth of 10 per cent in the sector by the fiscal year 2025-26 (FY26). This investment underscores agriculture's pivotal role in achieving food security and driving equit
The foreign exchange reserves of Bangladesh have gone above $20 billion again, according to central bank data. The export earnings and flow of inward remittances marking Eid-ul-Fitr contributed to the increase in foreign exchange reserves, local news portals said. According to the Bangladesh Bank
