Dhaka February 23, 2025, 12:15 am
Efforts are already underway, with a task force and a dedicated committee established to manage the process, he says
The central bank is preparing to secure an additional USD 10b in loans
Due to increased production cost, low supply, inefficient market mechanism, high transportation cost and market dominance by wholesalers, limited bargaining power are major reasons behind commodity price hike in Bangladesh
Disaster management and relief adviser Farooq-e-Azam on Wednesday made the announcement while addressing a discussion session
The decision was confirmed during a board meeting held at the ministry on Monday, in the attendance of Finance Adviser Dr Salehuddin Ahmed.
They also opined that if China provide credit arrangements to Bangladesh for its imports from that country, it will help the country address the fragile balance of payment situation
This figure represents a daily average of $82.21 million or Tk 9.87 billion
Acemoglu is a professor at the Massachusetts Institute of Technology, as is Johnson. Robinson is a professor at the University of Chicago.
NBR Chairman Md Abdur Rahman Khan asked the officials to take effective steps in this regard
As-Sunnah Foundation will also enjoy the same facility
These banks are NRBC Bank, Midland Bank, Meghna Bank, NRB bank, Modhumoti Bank, South Bangla Agriculture and Commerce Bank (SBAC)
Chief Asia Economist and Co-Head of Global Research Asia, HSBC Frederic Neumann has said this in a webinar based on latest HSBC Global Research report on Bangladesh ‘Regaining balance - Bangladesh looks to recovery’
It will ensure that price differences among production, wholesale, and consumer levels remain minimal
The approval came from the 3rd ECNEC meeting of the current fiscal year (FY25) and the 2nd of the interim government held at the Chief Adviser's Office in the capital with Chief Adviser Prof Dr Muhammad Yunus in the chair
The decision was made at the ECNEC meeting held at the Chief Adviser’s Office, presided over by Chief Adviser Prof Muhammad Yunus
They also demand interest rate cuts, urgent economic reforms, energy security
'If we can utilise our manpower properly, the country's economy will turn around quickly,' he says
The committee made the call though publishing a public notice in this regard, said a press release of the Ministry of Power, Energy and Mineral Resources
Inflation still higher from last year even as food prices fall
Central bank will guarantee the total Tk6,000 crore set to be provided to weaker banks in phases