Bangladeshi government gunning for 6.5pc growth next year
This is much higher than the economic outlooks from the World Bank, the International Monetary Fund, and the Asian Development Bank, which projected Bangladesh’s GDP growth…
Rejaul Karim Byron
Bangladesh planning ministry to recommend formation of centre for utilising AI, social media
Such proposals come amid the increasing influence of both social media and AI in Bangladesh and other parts of the globe.
Bangladesh Awami League government leaves behind $156 billion debt
When Sheikh Hasina returned to power in 2008, Bangladesh's total debt was just $33.66 billion. When she fled amid an uprising on August 5, she left behind a burden of $156 billion…
IMF flags nine risks for Bangladesh
The failure to maintain a higher degree of exchange rate flexibility consistent with the new exchange rate regime, and to clear the foreign exchange market and support orderly…
IMF sets 33 conditions for Bangladesh’s next two loan instalments
The fresh conditions are aimed at helping Bangladesh overcome four persisting challenges: depleting foreign currency reserves, rising inflation rate, lower revenue earnings, and a…
Budget for FY25: Another scope for legalising black money?
A finance ministry official said the National Board of Revenue and the central bank are considering ways to allow undisclosed money to be legalised and laundered money to be…
Bangladesh’s economy in for a double whammy
Economists said escalating tension in the Middle East could affect Bangladesh's economic outlook and called upon the government to carefully manage the economy to ease the…
New budget to set 10 priorities to steady Bangladesh economy
One of the priorities of the budget would be imposing slight contractionary policies, considering the global economic and domestic macroeconomic situations.
Repayments outstrip new loans in 2023: Bangladesh Bank
The rising interest rates in the global market in recent times and Bangladesh's macroeconomic instability account for the private sector's repayment outstripping new loans, said…
Hefty power bill to weigh on consumers in Bangladesh
"The initiative of bringing the entire country into the electricity network is praiseworthy. But consumers are bearing the brunt of many wrong choices, like over capacity," an…