Dhaka April 20, 2025, 12:57 pm
Offers pre-budget proposals to offset virus impacts
"I hope our economy will rebound if the stimulus packages could be quickly implemented"
ADB country director says BD should inject more cash into economy to fight COVID-19
An applicant factory will also have to submit its last three months’ transactions or salary payment status with the bank
Bangladesh received remittance worth $1.28 billion last month, compared to $1.45 billion in March last year
The regional economic growth in developing Asia will decline sharply in 2020 due to the effects of the COVID-19 pandemic before recovering in 2021, according to the Asian Development Bank (ADB.
The 8th Five-Year Plan should be delayed as the economy, hit by the coronavirus impacts, will need two years to return to December 2019 level
MCCI placed the proposal for mitigating the effects of the new coronavirus pandemic on the economy.
The measures taken by governments in South Asia to curtail the movement of people will lead to a demand-side shock to private consumption
The salaries must be paid to either a bank or mobile financial service accounts of the workers of affected industries
It may go beyond 6.0 percent and even reach 7.0 percent due to fiscal and monetary supports to fight the COVID-19.
coronavirus might affect the country’s economy and its growth in multiple ways
The government is planning to provide more supports to exporters, cottage industries, and small and medium-sized enterprises Finance Minister AHM Mustafa Kamal
A massive global economic crisis may occur
The central bank has relaxed regulations allowing banks to release foreign exchange within the permissible limit of travel and/or medical entitlement in their international cards.
Govt should immediately widen its social protection coverage to weather the impact of the virus on the poor and low-income people
Now is the time to develop a national strategy involving relevant national and international experts that will contain short, medium and long term plan of action
Bangladesh wants to increase its export earnings to $60 billion by 2021 from the present level of $40.53 billion in FY 2018-19
Foreign donors cleared over $3.48 billion in the July-February period this fiscal year. The amount was around $4.08 billion in the same period last financial year
International Monetary Fund Managing Director Kristalina Georgieva in Washington, DC on Friday said "it is clear" that world has "entered a recession as bad or worse" than the global financial crisis in 2009, reports Reuters.
