Finance Minister AHM Mustafa Kamal
Kamal doesn’t know what is wrong with the banking sector
Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.
Top 20 loan defaulters have Tk 19,283.93 crore in debt
The top 20 defaulters in the country have a total debt of Tk 19,283.93 crore while the amount of defaulted loans is Tk 16,587.92 crore.
Kamal doesn’t know what is wrong with the banking sector
Islami Bank, Social Islami Bank and First Security Islami Bank lent about Tk 9,500 crore under suspicious circumstances, as reported by different media. Of the sum, Tk 7,246 crore has been taken from Islami Bank alone.
Govt seeks more cheap loans from WB
The government yesterday sought more loans in concessional terms from the World Bank despite being the largest recipient of such funding as well as more budget support as it looks to shake off the impacts of the pandemic and the Ukraine war.
Now $2b loan talks with WB begin
After the International Monetary Fund it is now its sister concern World Bank’s turn to negotiate economic reforms with the government for the prospective $2 billion financial support package sought to help the country weather the global economic turmoil.
Requesting IMF loan doesn’t mean anything is wrong with economy: Finance Minister
Confirming Bangladesh’s request for a loan from International Monetary Fund (IMF) Finance Minister AHM Mustafa Kamal has said that it does not mean the country's economy is in bad shape.
Inflation not nine-year high at 7.56%, it 5.9%: Kamal
Finance Minister AHM Mustafa Kamal criticised media for reporting that inflation hit a nine-year high in June.
A hike in fuel prices now will be too much to bear
Authorities must explore alternative options
JS passes Tk 17,524cr supplementary budget for FY 2021-22
Parliament today(June 13, 2022) passed the supplementary budget of Tk 17,524 crore for fiscal 2021-22 to meet the increased expenditures under different ministries and divisions.
Only 5.43% of total budget allocated for health sector
The health sector was yet again neglected in the national budget, with Finance Minister AHM Mustafa Kamal earmarking around Tk 36,864 crore -- 5.43 percent of the total budget -- for the sector.
Tk 16,000 crore subsidy for fertiliser proposed
The government is going to increase the subsidy by big margin for fertilisers in the next fiscal year (2022-23) due to the sharp rise in its price in the global markets.