Dhaka February 24, 2025, 12:03 pm
The World Bank’s Board of Executive Directors has discussed a new Country Partnership Framework for Bangladesh (2023-2027) and approved $1.25 billion financing in three new projects
The World Development Report 2023: Migrants, Refugees, and Societies, identifies this trend as a unique opportunity to make migration work better for economies and people
Salt production stood at 18.39 lakh tonnes in the current fiscal year, which is the highest in the last 62 years
World Bank Practice Manager for Transport in South Asia Shomik Mehndiratta made the remarks while paying a farewell call on State Minister for Shipping Khalid Mahmud Chowdhury at the latter's office
Finance Minister AHM Mustafa Kamal presided over the virtual meeting attended by Cabinet body members.
She made the directive while chairing the meeting of the Executive Committee of the National Economic Council (Ecnec) at the NEC conference room in the city’s Sher-e Bangla Nagar area on Tuesday
The preliminary budget estimate was approved at a meeting of the Council for the Coordination of Fiscal, Monetary, and Exchange Rate held last week, chaired by Finance Minister AHM Mustafa Kamal
The Planning Commission is likely to resort to priority-based ADP fund release in FY 2023-24 like the current fiscal year
The central bank took the decision implementing the guidelines of the International Monetary Fund (IMF) with a view to stopping a further fall in foreign currency reserves
The loans include $500 million from the World Bank, $400 million from the Asian Infrastructure Investment Bank (AIIB), $250 million from the Asian Development Bank, and $300 million from Japan
Petrobangla has initiated a move to bring an end to the existing monopoly of a particular foreign company in its pre-paid gas metering system
Out of the Tk 3,231.78 billion revised allocation, the final expenditure at the yearend was Tk 346.75 billion less
Accelerating the implementation of structural reforms, including trade reforms and export diversification, will help Bangladesh navigate the current challenges and sustain growth momentum
Of the total project cost, Tk 3,645.21 crore will come from the government fund while the rest of Taka 607.45 crore as project assistance
The World Bank stands ready to support Bangladesh with reforms to accelerate growth and strengthen resilience
Around 68 percent of people do not pay income tax even after earning taxable income
Bankers and practitioners also emphasized the role of digital payments in promoting transparency in the financial behavior of everyday people and business communities
This initiative is being taken to overcome the existing dollar crisis
They also lauded the phenomenal role of the government in empowering women
Sheikh Hasina is widely expected to win a fourth straight term in national polls expected by January 2024 — not least because many of her opponents are behind bars or ensnared in legal cases
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