Dhaka March 17, 2025, 6:12 am
Financial sector insiders believe that expatriate workers prefers Hundi for inward remittance as the exchange rate of the US dollar is Tk 8 to 14 higher in the kerb market
Reinterring his call to people to be more patient and try to check any misuse of power in their consumptions, he said developed nations like Britain and Germany are now experiencing 4-5 hours of load shedding
Repeated economic shocks due to the coronavirus pandemic, Russia-Ukraine war and sanctions imposed on Russia by the West pose risks of a worldwide recession in 2023
The current crisis was down to a “confluence of competing crises”, caused by climate shocks, conflict and economic instability
He said this while speaking at a programme titled "National Image on China in Bangladesh" held in a city hotel
The country’s economic activities have been shattered because of global inflation and ongoing Russia-Ukraine war
Wrongly employed foreigners deprive govt Tk 4,541cr in income tax
The IMF suggested less disruptive gradual and steady fiscal tightening rather than an abrupt fiscal pullback and called for consistency between monetary and fiscal policy
Expatriates are sending money through MFS as it is troublesome and time-consuming to send money through banks
Market analysts and investors said the move will create more investment opportunities for the people and it will make the country’s secondary stock markets more vibrant and participatory
Current aid portfolio $2.78b for 12 projects, in a rapid rise
The US Trade Representative (USTR) has cited some issues that should be addressed by Dhaka and might be related to the reinstatement of the GSP facility for Bangladesh’s export sectors
An effective solution would be the circular system, which ensures the consumption of plastic does not increase and moves towards a sustainable waste management model
The policymakers are inspired by Prime Minister Sheikh Hasina’s courage and leadership that helped the nation overcome all the challenges to build the Padma Bridge with own funds
Recent fall in inward remittances, earnings from exports, and a looming global recession are all signalling that the external account crisis will be prolonged further
Though Bangladesh’s per-capita GDP is set to continue growing, it has lost momentum as institutional challenges impact growth-promoting policies and insufficient diversification of earnings
# Slams BNP for currying favour with foreigners # Accuses US of double standard over sanctions on RAB # Says UN urged to resolve Rohingya crisis
Prime Minister Sheikh Hasina on Thursday vowed to overcome all economic challenges despite global economic downturn and other hurdles at home
The minister was speaking at a seminar on "Bangladesh's Journey to SDGs: From Negotiations to Implementation" organized by the Dhaka University's Department of International Relations at the foreign service academy
A formal proposal has been put forward to the Washington-based lending agency to obtain the required loans from the lender’s soft loan window International Development Agency (IDA)-20
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