January 18, 2023
IMF Loan Programme: Getting Bangladesh ready for LDC graduation
The prospective loan programme of the International Monetary Fund will prime Bangladesh for graduation from the least-developed country bracket and reach middle-income country status by 2031, said the lender’s top official.
January 12, 2023
IMF $4.5B Loan: Deputy MD to get a taste of Bangladesh
There would not be any further negotiations on the $4.5 billion loan programme during International Monetary Fund’s deputy managing director Antoinette Monsio Sayeh’s forthcoming visit to Bangladesh.
January 11, 2023
WB forecasts 5.2pc GDP growth
The World Bank yesterday delivered yet another bad news for the economy as the Washington-based multilateral lender pared back Bangladesh’s growth forecast for this fiscal year by 1.5 percent to 5.2 percent.
January 9, 2023
Stimulus for large, small industries: Tk 50,000cr fresh funds see tepid disbursement
Two of the government’s 28 Covid-19 stimulus packages saw a fresh injection of Tk 50,000 crore in the ongoing financial year, but only 4 per cent of the fund was disbursed between July and October.
January 8, 2023
Amnesty to bring back black money yields no result
The maiden tax amnesty offered by the government to bring back laundered money home has seemed to have brought no result since none secured the facility in the first six months of the current fiscal year.
January 8, 2023
Balance of payments under stress
The financial account of the balance of payments (BoP) turned negative in the first five months of the current fiscal year, highlighting the challenges Bangladesh is facing in protecting its foreign currency reserves from depletion as funds outflows exceeded inflows.
January 7, 2023
$4.5 Billion Loan Programme: Dhaka agrees to 30 conditions of IMF
Bangladesh has agreed to as many as 30 conditions of the International Monetary Fund (IMF) for the $4.5 billion loan programme that includes some key structural reforms stalled for years.
January 5, 2023
Fresh move to import rice as local purchase target may not be met
The government has taken a fresh initiative to import rice amid concerns that the domestic procurement target during the ongoing Aman season might not be achieved.
January 5, 2023
Savings tool sales fall for new conditions
A retired secondary school teacher in Satkhira not entitled to pensions had planned to use a portion of other service benefits to purchase savings certificates to meet some of his family expenses with the interest income.
January 3, 2023
Ctg port’s anomalies cost govt Tk 258 crore
The state coffers were robbed of Tk 258 crore for 26 counts of irregularities by the Chattogram Port Authority between fiscal 2017-18 and 2019-20, found the Comptroller and Auditor General (CAG).