Dhaka February 24, 2025, 6:33 pm
Different initiatives taken by the government and central bank have helped contain the soaring imports
The eminent economist claimed inferred that the poor of the world are being affected disproportionately due to the ongoing turmoil in the global economic system
PMO is collecting data and information against the backdrop of the government’s plan to increase power tariff at retail consumer level to cover a huge flaw in the power sector’s revenue collection
Petrobangla, Hydrocarbon Unit and GSB were awarded in recognition of their efficiency in the implementation of the Annual Performance Agreement (APA) during the financial year 2021-22
This budget is being prepared at a time when the country's economy is being challenged by the Russia-Ukraine war, which threatens to undermine the economic recovery
Under the initiative, banks would deposit money equivalent to the undisbursed amount of farm and rural loans in the fund and the BB would give 2 per cent interest on the deposits
Brig Gen (Retd) Sarwar Jahan Talukder, adviser to the Deshbandhu Group, on Wednesday sent a letter to senior commerce secretary Tapan Kanti Ghosh for taking necessary steps to ask the three respective banks to open LC documen
The central bank gave the privilege to facilitate big borrowers. Nothing has been said regarding small and individual borrowers in the circular, though the income of small borrowers decreased due to the impact of the Russia-U
The government has taken some additional steps to control government expenditures by squeezing its operational costs to face the global economic crisis
Economy is standing at a point where it has to have proper reforms or be ready to see its collapse
IMF’s lending as budget support means that the economic management of a country is sound
The government has fixed a target to increase the money supply to 16.5 percent from the existing 15.6 percent in the next two fiscals
Due to reduced interest rates and the imposing of various restrictions the sale of safest investment savings bonds to the common people has decreased
Bangladesh bank (BB) has printed a commemorative note of Taka 50 marking the 'Golden Jubilee of the Constitution and the Supreme Court of the People's Republic of Bangladesh'
The advance payment, also known as the cash LC margin, should be kept at the minimum level depending on the bank-client relationship
Outgoing Cabinet Secretary Khandker Anwarul Islam said this to journalists following a meeting of the committee of secretaries at the Secretariat
ADB and DEG will identify socially responsible and environmentally sustainable finance projects under ADB's private sector operations that qualify for co financing
The financial sector regulator has issued the directive to regulate price and ensure enough supply of essential commodities such as edible oil, chickpeas, pulses, peas, onions, spices, sugar and dates during Ramadan
This additional support to WFP (£3m) and UNICEF (£1.5m) will provide food, water, sanitation, and child protection to Rohingya refugees and host communities in Cox’s Bazar and Bhasan Char
The Finance Minister said this while addressing a function marking the National VAT Day held at a city hotel
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