Dhaka February 22, 2025, 4:01 pm
The third review mission of the IMF started discussions with the interim government of Bangladesh regarding the assured fresh $3.0-billion loan in addition to its already-granted $4.7 billion in a credit package
Deposits in Bangladesh's banking industry dropped nearly 1.0 percent during the July-September 2024 period
The approval was given at the current year's 16th meeting of the Advisers Council Committee on Government Purchase
The reforms aim to enhance tax collection, improve public investment efficiency, and strengthen the performance of state-owned enterprises
She said this while addressing a programme held at the BIAM auditorium in Dhaka on Wednesday
Economic analysts identify liquidity shortages as the banking sector’s most pressing issue
Account holders in struggling banks are unable to access funds as needed
2.5 months remaining before the start of the holy month of fasting
The country received the highest FDI from the United Kingdom in FY24, with a net inflow of $506.53 million
Prevailing uncertainty surrounding the interim government and the political climate in the country would have played a major role in the failure to generate even a single bid
SM Zulfikar Ali, research director of BIDS, shared the results of the study on graduate unemployment
ADB Country Director for Bangladesh Hoe Yun Jeong said this on Monday
The severity of the issue has been described as the 'black hole' of the banking sector, with a depth three times greater than what is visibly apparent
The decision aims to oversee the cooperative's management and conduct inter-organisational elections as per the Cooperative Societies Act of 2001, amended in 2002 and 2013
The tax administration, however, justified such exemptions as necessary given current market demands and crises
Meanwhile, general inflation rate increased by 0.51 percentage points to 11.38% this November, the highest rate in the past four months
The general point-to-point inflation rate both in urban and rural areas also increased last month
The BB governor said this while speaking as the chief guest at a dialogue on "Tipping Points of Reform Agenda for the Turnaround of the Banking Sector of Bangladesh" at the Bangladesh Institute of Bank Management (BIBM) audit
Economist Dr Mustafa K Mujeri, former chief economist of Bangladesh Bank, criticised the approach of injecting printed money into weak banks
He said this at an inter-authority, inter-ministerial coordination meeting on investment facilitation held at the Chief Adviser’s Office
