Dhaka May 28, 2025, 3:31 pm
A first group of nations that will benefit from the scheme includes Bangladesh, Costa Rica, Fiji, Ghana, Pakistan, the Philippines and Senegal
He also informed that the country would receive another $500 million from the lending agency in the next two years under the Green, Resilience, Inclusive, Development (GRID) initiative
Many countries of the world including India and China are giving much focus on Africa, and being another Asian country with similar economic appetite, Bangladesh sees huge potential to strengthen and widen its relations with
CoP 27 negotiation may distracted by some developed country and their allies
As per the terms of reference, the committee will review the effectiveness of the country’s cash incentive packages distributed among different export sectors
Proper utilisation of this credit guarantee scheme is crucial for the revival of CMSMEs
Mahmudur Rahman, Member, Taxes Legal and Enforcement department of the NBR said, “Not only the energy sector, we have written to all the government and private organisations asking them to let us know about their foreign work
Bangladesh is expecting some US$1.0 billion worth of budgetary support from the WB, the government would request the visiting vice-president to confirm the fiscal support, after getting the green signal from the IMF to provid
Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) officials expect that they will get 10 MMCFD (million cubic feet per day) daily from the well
The money changer should deposit the cash foreign currency beyond this limit with business account of respective banks. The balance of that account must not exceed fifty thousand US dollar or equivalent at any point of time
Bangladesh’s SDG Financing Strategy identified the private sector as a key source of financing
The total loan amount is 3.468 billion SDR, which is about $4.5 billion US dollars according to the current exchange rate
Bangladesh has never failed in debt repayments. Anand’s observation followed the IMF delegation’s two weeks trip to Bangladesh as the Fund discussed Bangladesh’s credit appeal for $4.5 billion
Bangladesh could suffer $570 million in damage annually from climate change-related extreme weather events
The seminar on “Remittance Through Legal Channel: Prospects of Digital Platform” was organised by the Economic Reporters’ Forum (ERF) on Wednesday
The move was aimed to boost global trade with focus on shipments from India and to support the interests of the global trading community in Indian currency
Bangladesh’s robust economic recovery from the pandemic has been interrupted by Russia’s war in Ukraine, leading to a sharp widening of the current account deficit, rapid decline of foreign exchange reserves, rising inflation
Three projects were underway to promote wind power in southern coastlines as Bangladesh moved to enhance the stake of clean energy sources in the national energy system as part of meeting the Sustainable Development Goals (SD
This meeting would conclude the IMF's two-week visit to Bangladesh
The upper limit will not be applicable for the next five years for financing to coal-fired power plants
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