Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.
The private sector's short-term foreign debt repayment surpassed new loans in 2023, in a complete reverse of the trend seen in previous years.
The Planning Commission has identified seven hurdles standing in the way of the smooth implementation of foreign-funded projects, a move that may go on to help the government avoid unnecessary delays and save money.
US rating agency Moody’s Investors Service yesterday changed its outlook for Bangladesh’s banking system to stable from negative, which will relieve the central bank boss of stress.
The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.
The government has at last introduced the automated fuel pricing mechanism that will see the domestic fuel prices adjust in line with the prices in the international market every month.
The government has decided to increase electricity prices by Tk 0.34 and Tk 0.70 a unit from March, which according to experts will have a domino effect on the prices of essentials ahead of Ramadan.
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.
The private sector's short-term foreign debt repayment surpassed new loans in 2023, in a complete reverse of the trend seen in previous years.
The Planning Commission has identified seven hurdles standing in the way of the smooth implementation of foreign-funded projects, a move that may go on to help the government avoid unnecessary delays and save money.
US rating agency Moody’s Investors Service yesterday changed its outlook for Bangladesh’s banking system to stable from negative, which will relieve the central bank boss of stress.
The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.
The government has at last introduced the automated fuel pricing mechanism that will see the domestic fuel prices adjust in line with the prices in the international market every month.
The government has decided to increase electricity prices by Tk 0.34 and Tk 0.70 a unit from March, which according to experts will have a domino effect on the prices of essentials ahead of Ramadan.
The World Bank has recommended Bangladesh put in place a unified exchange rate and tighten monetary policy further in order to tame persistently high inflationary pressure and end the foreign exchange crisis.
When Bangladesh is facing a reserve squeeze, it has received fresh commitments for $7.2 billion in loans from global lenders in the first seven months of fiscal 2023-24, a fourfold increase from a year earlier.