Dhaka July 2, 2025, 7:01 pm
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.
The revenue authority has asked them to allow Indian officials to enter Bangladesh so that trade between the countries continues as usual
Now is the time for austerity, she said, don’t buy goods more than you need. Let the limited-income people buy the essentials
“It is not possible for a country to face the crisis alone. We are now worried that coronavirus might have a multifaceted impact on our economy. Under this situation, we need greater support,” Kamal said
Imposition of the single digit lending rate made banks reluctant to lend, causing a slump in private sector credit growth in recent months
On Saturday, the project area of the Mass Rapid Transport Line-6 (MRT-6) under Dhaka Mass Transit Company Ltd was very quiet. There was not much construction being done. Only some Ansar members, security guards and few regula