Dhaka February 23, 2025, 2:48 pm
After the payment, reserves stood at $20.46 billion at IMF method
The provision targets unwilling defaults
Expansion rate falls by 6.2 points on a 100-point scale from May's 70.1 points
It has developed a $1.5 billion pipeline over next 3 years that include aspects of Blue Economy
Inflation stays above 9% for two years, despite govt efforts
Tk5,594 crore budget announced for FY2024-25
This is the second time that Anticipatory Action has been used in Bangladesh
Inflation drives down people’s capacity to save, say experts
BB says in its letter to the finance ministry
For safeguarding values and future development, investment in education should be steadfast and further boosted
Traders manipulate invoices taking advantage of loopholes in the LC system
Exporters would receive cash incentive or assistance at the rate of 1-10%
The yearly income tax evasion is nearly $25 billion which could increase four times the per capita health allocation
The transition to a CPMR with the band exchange rate arrangement is a welcome step toward greater exchange rate flexibility, says Chris Papageorgiou, IMF Mission Chief for Bangladesh
Finance Minister Abul Hassan Mahmood Ali says this in the parliament on Monday
The IMF, earlier in May, finally gave Bangladesh the green signal for $681 million as the third installment of the lender's $4.7 billion loan package
In 2023, Bangladesh received $21.92 billion in remittances, marking an increase of 2.88% from 2022
The ERD Wing Chief and Additional Secretary Mirana Mahrukh, and Korea Eximbank Executive Director Hwang Kiyeon signed the agreement on Monday
State Minister for Post, Telecommunication and ICT Zunaid Ahmed Palak made the call while speaking as the chief guest at the closing session of the two-day “Regional Consultation on Global Digital Compact (GDC)” held in Dhaka
Economists and market analysts attribute this trend to several factors, including tax benefits at the end of FY 2023-24 and the anticipation of the withdrawal of tax exemptions on various products in the FY 2024-25 budget
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