Dhaka February 23, 2025, 12:37 am
Digital small loans are being popular to meet the urgent needs of fixed-income groups of people, as it's hassle-free and gets loans just using mobile devices
This project is helping improve transport efficiency and reliability in rural areas, boost agricultural productivity, and generate employment to help the country’s sustainable economic growth
Bangladesh is under pressure of geopolitical conflict for the first time. Its negative impact has not yet hit the economy. But the economy is under pressure. In this case, steps should be taken with caution
They expressed the interest while meeting with officials of the Bangladesh Bank (BB) at its headquarters in the city
Sharifa Khan, Secretary, Economic Relations Division (ERD) and Jiangbo Ning, ADB Deputy Country Director for Bangladesh signed the agreement on behalf of their respective sides
It also instructed the banks to provide Help Line services during the vacation, if any client faces harassment
Bangladesh Bank (BB) has re-fixed the duration of interbank transactions for June 27-28
BB will transition from a monetary targeting to an interest rate targeting framework
The new LNG (liquefied natural gas) terminal will have a capacity of processing 1000 mmcfd of imported natural gas. The project might need an investment of around $1.5 billion
The Road Safety Project, which receives $358 million financing from the World Bank, is the first dedicated road safety project in South Asia supported by the World Bank
This will ensure good governance of financial institutions and appointment of honest and skilled staffers
World Bank Vice President for South Asia, Martin Raiser, concluded his two-day visit to Bangladesh today and reaffirmed the World Bank's continued support to help the country to achieve sustainable and inclusive growth
This loan is ADB's second subprogram of the Sustainable Economic Recovery Program that was launched in October 2021 to support economic recovery after the COVID-19 pandemic
The monetary policy will also focus on the government’s medium-term reform policy to bring stability to the macroeconomic sector
The Ministry of Primary and Mass Education is the executing agency of the programme while the Directorate of Primary Education (DPE) is the implementing agency
The BB governor said this while speaking as chief guest at the first Digital Transformation Summit-2023 at a local hotel in the city
The move will also help ensure efficient use of power and fuel
The Premier mentioned that ongoing global multiple crises, caused by the pandemic, armed conflicts and climate emergency, have put most developing economies under serious stress
Prime Minister Sheikh Hasina and WB President David Malpass witnessed the exchange of the agreement
Sheikh Hasina said this in an informal interaction for 50 Years Partnership between Bangladesh and the World Bank with the board of executive directors at the Shihata Conference Room at the WB headquarters
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