Dhaka April 21, 2025, 8:46 pm
This is the second time in a row that FDI inflows in Bangladesh slumped, with a 20.47% fall registered in 2019
The available amount totaling EUR 339.54 million, equivalent to Tk 3463.3 crore has been captured in these agreements with EUR 47.04 million for Technical Cooperation and EUR 292.5 million for Financial Cooperation
USAID launched a $17 million five-year, flagship clean project to improve access to affordable, reliable, and sustainable energy systems and promote transparent and efficient energy markets in Bangladesh
To achieve this goal, the government is seeking to bring more vulnerable groups under the social safety network, create local and overseas employment, increase microcredit and skills training
The number of direct beneficiaries of the packages is around 12.4 million (1.24 crore) people
Bangladesh has made remarkable progress in reducing poverty over the past two decades, said an ADB press release on Friday
In its mid-term macroeconomic policy statement (MTMPS), the ministry of finance projected 7.2 percent growth for FY22, 7.6 percent in FY23 and 8 percent in FY24 with a hope of turnaround from the economic slowdown caused by C
South Korea will provide US $ 700 million Economic Development Cooperation Fund (EDCF) loan to Bangladesh during 2021 and 2025 period to implement over a dozen of projects, including health, infrastructure, digital investigat
The government offered the opportunity for the outgoing FY only in a bid to 'check capital flight and bring undisclosed money into the formal channels of the economy'
Facebook will file its first VAT returns within July 15 next
They also recommended government to integrated embankment maintenance strategy and include local government for maintenance as well
More allocation is needed in the health and environment sectors in the proposed budget as the crisis is deepening in the health sector while Bangladesh is largely vulnerable to climate change
The plan, being prepared by the economic relations division, will include the strategies in the Eight Five Year Plan
About the ground for his confidence for a 6.1 percent growth in FY21, he referred to positive turnover in macro-economic indicators in the ending months of May and June
The development lender, in its flagship publication 'Global Economic Prospects', also said Bangladesh's economic growth will be 5.1% in the fiscal year (FY) 2021-22, higher than the earlier growth forecast of 3.4%
No figure will be acceptable before the government’s own research bodies’ present their findings
The ADB's investment in railways was much higher than initially planned, but (it) did not represent a significant contribution to the economy, although it was a high priority for the government
A total of 10 projects were approved today involving an overall estimated cost of Taka 6,651.34 crore
The platform also recommended increasing allocation for health and education in the national budget for FY 2021-22, as these sectors suffered the most during the pandemic
Pointing out multiple deficits and discrepancies in the national economic data, various projections based on serious anomalies in data are leading to data anarchy
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