May 12, 2022
Forex reserves under strain: Govt defers employees' foreign tours, less important projects
The government finally raised its guard against the dwindling dollar reserves, putting its employees’ foreign tours on hold and deferring projects that require much imports.
May 11, 2022
Economy firing on all cylinders
There are bright sparks in all corners of the economy, according to the provisional GDP figures for fiscal 2021-22, which do not show a hint of a pandemic hangover when others are still plodding...
May 9, 2022
Budget FY 2022-23: Tackling challenges of inflation and Covid losses
It appears normal service will resume with fiscal 2022-23’s budget, which will see the return of double-digit growth in size -- a practice introduced by former finance minister AMA Muhith.
May 8, 2022
Revised Budget FY 21-22: No room for downsizing
Every year, the budget gets bigger, and like clockwork, gets revised down -- much. But not this year.
May 1, 2022
Tribute to Muhith: Farewell to architect of our economy’s golden era
When Prime Minister Sheikh Hasina defiantly announced in 2012 that the Padma bridge would be built after the World Bank pulled out of the project, her gumption was not irrational.
April 28, 2022
Dutch horticulture exhibit: 100 officials going abroad, austerity out the window
At least 100 agriculture ministry officials will participate in phases in a six-month international horticulture exhibition in the Netherlands, even though the government had asked to abandon all...
April 26, 2022
BB to give Lanka another year to repay $200m
Bangladesh Bank is set to give Sri Lanka another year to repay the $200 million loan as it looks to lend a helping hand to the island nation, which is going through its worst debt and economic crises.
April 21, 2022
China firm to implement Tk 3,975cr digital connectivity project
A Chinese company is set to implement a Tk 3,975 crore digital connectivity project that will equip Bangladesh with the latest ICT infrastructure, digitise government services and increase ICT...
April 20, 2022
IMF cuts Bangladesh's GDP growth forecasts to 6.4%
The International Monetary Fund has revised down its economic growth projection for Bangladesh to 6.4 percent for the current fiscal year largely because of Russia-Ukraine war and supply chain...
April 20, 2022
Inflation sprints to 17-month high
Inflation in Bangladesh rocketed to a 17-month high in March driven by higher food costs as global uncertainties stemming from the Russia-Ukraine war and supply chain disruptions show no sign of...