September 20, 2022
Household survey focuses on food security
The ongoing Household Income and Expenditure Survey is giving special emphasis to gauging Bangladesh’s food security in keeping with the global food shortage sown by the pandemic and turbocharged by the Ukraine war.
September 19, 2022
External debt repayment to double in 3yrs
Bangladesh’s external debt repayment obligation will double in the next three years, according to data of the Economic Relations Division (ERD).
September 19, 2022
Project delay, cost overrun: Ills lie deep in ERD, Planning Commission
That development projects in Bangladesh are rarely completed on time and within the original budget is well established by now.
September 18, 2022
State coffers robbed of Tk 4,697cr by Petrobangla, BPC
The government has been deprived of about Tk 4,697 crore for 19 counts of irregularities by Petrobangla and Bangladesh Petroleum Corporation, found an audit.
September 17, 2022
BTCL defaults on Tk 2,259cr to exchequer
The state coffer is at least Tk 2,258.76 crore short, thanks to Bangladesh Telecommunications Company Limited’s failure to deposit the sum for mismanagement, shows audit report.
September 15, 2022
Foreign aid use up 1.57pc in Jul-Aug
Foreign assistance utilisation by the government has gone up by 1.57 per cent year-on-year during the first two months of the current fiscal year, thanks to improvements in the use of project aid.
September 14, 2022
12 policy reforms for $1.5b WB loan
The World Bank has set forth 12 conditions for extending budget support of about $1.5 billion to Bangladesh over the next three years.
September 13, 2022
Indo-Bangladesh transshipment: 4-lane Cumilla-B’baria highway on cards
The government is taking up a fresh Tk 7,188 crore project to build a four-lane highway from Cumilla to Brahmanbaria that would improve connectivity between the port city and Sylhet and also make the transshipment arrangements with India more practicable.
September 13, 2022
Ctg elevated expressway: Cost likely to escalate, wait to lengthen
The cost of the already delayed elevated expressway project in Chattogram city is likely to rise by Tk 1,048 crore and the deadline extended by two more years as a proposal in this regard is set to be placed before an Ecnec meeting today.
September 12, 2022
Stop hasty year-end spending
The Finance Division has urged all government offices to rein in hasty expenditures at the end of each fiscal year as it destroys fiscal discipline and increases the government’s borrowing cost.