Dhaka August 24, 2025, 10:26 am
Bangladesh Bank (BB) has re-fixed the duration of interbank transactions for June 27-28
BB will transition from a monetary targeting to an interest rate targeting framework
The new LNG (liquefied natural gas) terminal will have a capacity of processing 1000 mmcfd of imported natural gas. The project might need an investment of around $1.5 billion
The Road Safety Project, which receives $358 million financing from the World Bank, is the first dedicated road safety project in South Asia supported by the World Bank
This will ensure good governance of financial institutions and appointment of honest and skilled staffers
World Bank Vice President for South Asia, Martin Raiser, concluded his two-day visit to Bangladesh today and reaffirmed the World Bank's continued support to help the country to achieve sustainable and inclusive growth
This loan is ADB's second subprogram of the Sustainable Economic Recovery Program that was launched in October 2021 to support economic recovery after the COVID-19 pandemic
The monetary policy will also focus on the government’s medium-term reform policy to bring stability to the macroeconomic sector
The Ministry of Primary and Mass Education is the executing agency of the programme while the Directorate of Primary Education (DPE) is the implementing agency
The BB governor said this while speaking as chief guest at the first Digital Transformation Summit-2023 at a local hotel in the city
The move will also help ensure efficient use of power and fuel
The Premier mentioned that ongoing global multiple crises, caused by the pandemic, armed conflicts and climate emergency, have put most developing economies under serious stress
Prime Minister Sheikh Hasina and WB President David Malpass witnessed the exchange of the agreement
Sheikh Hasina said this in an informal interaction for 50 Years Partnership between Bangladesh and the World Bank with the board of executive directors at the Shihata Conference Room at the WB headquarters
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
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
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
Accelerating the implementation of structural reforms, including trade reforms and export diversification, will help Bangladesh navigate the current challenges and sustain growth momentum
The World Bank stands ready to support Bangladesh with reforms to accelerate growth and strengthen resilience
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