IMF suggests raising power, gas and fertiliser prices
The International Monetary Fund yesterday recommended reducing government subsidies by hiking prices of power, gas and fertiliser, and spending the saved money on society safety net programmes.
1d ago
3rd Loan Tranche: IMF team to focus on four key areas
During its visit to Dhaka, the International Monetary Fund’s review mission will focus on Bangladesh’s foreign exchange reserves, inflation rate, banking sector, and revenue reforms.
4d ago
Higher debt to put strain on Bangladesh as revenue remains low
In the last decade, the debt-to-GDP ratio rose by 13 percentage points. The IMF forecasts that the ratio will reach 43.5 percent in 2028-29.
6d ago
Social safety net to get wider and better
A top official of the ministry said the government would increase the number of beneficiaries in two major schemes – the old age allowance and the allowance for widows, deserted, or destitute women.
1w ago
Economy in for a double whammy
With inflation edging towards double digits and quarterly GDP growth nearly halving year on year, pressure on consumers is mounting and experts are pointing at even darker clouds.
1w ago
Govt asks ministries to brace for further belt-tightening in budget
Last week, the finance division issued a circular asking all ministries and divisions to send by April 29 their budget proposals for 2024-2025 and their expenditure plans for the following two financial years to help prepare the midterm budgetary framework.
2w ago
Uninterrupted power in summer: Energy ministry seeks dollars, unpaid subsidy
The ministry of power, energy and mineral resources has sought the undisbursed subsidy at the earliest to continue with uninterrupted electricity supply during the summer months.
2w ago
New budget to set 10 priorities to steady economy
The government plans to design a Tk 7,96,900 crore outlay in the new budget with a focus on tight spending policy as economic headwinds are expected to persist in the next fiscal year.
3w ago
April 26, 2024
IMF suggests raising power, gas and fertiliser prices
The International Monetary Fund yesterday recommended reducing government subsidies by hiking prices of power, gas and fertiliser, and spending the saved money on society safety net programmes.
April 23, 2024
3rd Loan Tranche: IMF team to focus on four key areas
During its visit to Dhaka, the International Monetary Fund’s review mission will focus on Bangladesh’s foreign exchange reserves, inflation rate, banking sector, and revenue reforms.
April 21, 2024
Higher debt to put strain on Bangladesh as revenue remains low
In the last decade, the debt-to-GDP ratio rose by 13 percentage points. The IMF forecasts that the ratio will reach 43.5 percent in 2028-29.
April 18, 2024
Social safety net to get wider and better
A top official of the ministry said the government would increase the number of beneficiaries in two major schemes – the old age allowance and the allowance for widows, deserted, or destitute women.
April 16, 2024
Economy in for a double whammy
With inflation edging towards double digits and quarterly GDP growth nearly halving year on year, pressure on consumers is mounting and experts are pointing at even darker clouds.
April 8, 2024
Govt asks ministries to brace for further belt-tightening in budget
Last week, the finance division issued a circular asking all ministries and divisions to send by April 29 their budget proposals for 2024-2025 and their expenditure plans for the following two financial years to help prepare the midterm budgetary framework.
April 7, 2024
Uninterrupted power in summer: Energy ministry seeks dollars, unpaid subsidy
The ministry of power, energy and mineral resources has sought the undisbursed subsidy at the earliest to continue with uninterrupted electricity supply during the summer months.
April 5, 2024
New budget to set 10 priorities to steady economy
The government plans to design a Tk 7,96,900 crore outlay in the new budget with a focus on tight spending policy as economic headwinds are expected to persist in the next fiscal year.
April 2, 2024
Govt’s interest expenses jump 26% in 6 months as funds get costlier
The interest costs for domestic loans increased 13.58 percent to Tk 42,313 crore while the same for foreign credits surged 195.81 percent to Tk 7,910 crore.
March 24, 2024
Window for easy loans narrowing
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
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