Dhaka June 25, 2025, 6:55 pm
Speaking to journalists, Selim Raihan said the two entities would split the power of tax authorities, thereby brining greater transparency, curbing authoritarianism and preventing under-the-table transactions
BB governor expects $1.3b from IMF as well as $2.22b more from WB, ADB, JICA, AIIB and OPEC Fund
The announcement was made by Bangladesh Bank Governor Ahsan H Mansur at a press conference on Wednesday
The funds were previously withheld due to unresolved issues including forex rate liberalisation, and tax net expansion
Experts urge bold fiscal reforms and sector-specific policies for sustainable growth
Both side agree to move their tariffs down by 115 percentage points
This initiative aims to instill a sense of fiscal responsibility among students from an early age, thereby promoting a culture of voluntary tax compliance in the long term
Pervasive irregularities over the past decade and a half have severely affected these banks—mostly Shariah-based—which are said to have borne the brunt of extensive misappropriation
New ordinance empowers BB for such action to straighten non-compliant lenders
VAT is an indirect tax that consumers have to pay (while purchasing goods) regardless of their income level. However, its burden is highly unequal
Market to be reformed within 3 months with foreign support
LDC Graduation Committee identifies 5 priority actions
The move comes as more than two-thirds of income tax return submissions fall below the taxable threshold of Tk 3.5 lakh
In a letter to Commerce Adviser Sk Bashir Uddin, USTR welcomes Bangladesh’s move to initiate negotiations under Donald Trump's reciprocal tariff policy
Md Shahriar Kader Siddiky, Secretary, Economic Relations Division (ERD), and Ms Gayle H Martin, Country Director (Interim), World Bank, signed the deal
The investment will create a huge employment opportunities, says the BIDA chairman
The assurance came during a bilateral meeting held on the sidelines of the ADB’s 58th Annual Meeting between ADB President Masato Kanda and Bangladesh’s Finance Adviser Dr Salehuddin Ahmed
The PMI is a pioneering initiative that aims to offer timely and accurate insights into the country's economic health
The call came during the 58th Annual Meeting of the ADB, held in Milan, Italy on Monday
Sources indicate that the central bank is planning a follow-up meeting with the IMF after holding further consultations with the government