foreign exchange reserves
Private sector’s foreign loan repayment to drop 42% in 2023
The Bangladesh Bank has projected that loan repayments against mid- and long-term foreign credits secured by the private sector might fall by 42.6 per cent in 2023, but the development might not bring about major relief for an economy reeling under the forex crisis.
Export rebound in May provides some relief
Bangladesh’s exports bounced back in May after declining in the preceding two months riding on increased shipment of garments, the main export earning sector, according to data released by the Export Promotion Bureau (EPB) yesterday.
National Budget FY2023-24 / Assess gravity of current problems first
The government is yet to take any comprehensive corrective measures to tackle macroeconomic challenges as it has not properly assessed the gravity of the situation in the current fiscal year, an economist said.
We must curb rising inequality
Reforms following the IMF prescription should not harm disadvantaged groups
What Bangladesh's new budget should offer to common people
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
GDP growth slows to 6.03% in FY23
The economy is estimated to have expanded at a slower-than-expected pace in 2022-23, said the Bangladesh Bureau of Statistics (BBS) yesterday, a figure that analysts describe as good in view of elevated inflation, slowing exports and remittances and the ongoing pressure on the country’s foreign exchange reserves.
Reserves cross $30 billion
It hit $30.36 billion on May 9 thanks to a WB loan of $507 million
Reserves drop below $30 billion
It hit $29.77 billion on May 7
Taka keeps falling, forex reserves slip below $31b
The taka has lost its value further against the US dollar after the Bangladesh Bank sold the greenback at Tk 104.5 as the foreign exchange reserves keep falling.
Private sector’s foreign loan repayment to drop 42% in 2023
The Bangladesh Bank has projected that loan repayments against mid- and long-term foreign credits secured by the private sector might fall by 42.6 per cent in 2023, but the development might not bring about major relief for an economy reeling under the forex crisis.
Export rebound in May provides some relief
Bangladesh’s exports bounced back in May after declining in the preceding two months riding on increased shipment of garments, the main export earning sector, according to data released by the Export Promotion Bureau (EPB) yesterday.
Assess gravity of current problems first
The government is yet to take any comprehensive corrective measures to tackle macroeconomic challenges as it has not properly assessed the gravity of the situation in the current fiscal year, an economist said.
We must curb rising inequality
Reforms following the IMF prescription should not harm disadvantaged groups
What Bangladesh's new budget should offer to common people
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
GDP growth slows to 6.03% in FY23
The economy is estimated to have expanded at a slower-than-expected pace in 2022-23, said the Bangladesh Bureau of Statistics (BBS) yesterday, a figure that analysts describe as good in view of elevated inflation, slowing exports and remittances and the ongoing pressure on the country’s foreign exchange reserves.
Reserves cross $30 billion
It hit $30.36 billion on May 9 thanks to a WB loan of $507 million
Reserves drop below $30 billion
It hit $29.77 billion on May 7
Taka keeps falling, forex reserves slip below $31b
The taka has lost its value further against the US dollar after the Bangladesh Bank sold the greenback at Tk 104.5 as the foreign exchange reserves keep falling.
Forex reserves fall below $31 billion
It hit $30.92b on April 30, down from $44.01b on same day a year ago
