Interest payments, subsidies, incentives and cash loans could gobble up big pies of the next budget as the government earmarks over Tk 2.59 trillion on this account and officials predict higher energy costs could bloat the figure. The sum is roughly 27.86 per cent of the national budget wort
Prime Minister Tarique Rahman on Wednesday said the government is actively considering establishing an institutional framework in the 2026–27 fiscal year to ensure the sustainable and long-term development of the blue economy. “We are actively considering, if necessary, establishing an
The World Bank could mobilise $80 billion to $100 billion in funding over the next 15 months for countries hit hard by the war in the Middle East, eclipsing the $70 billion it provided during the Covid pandemic, the bank's president, Ajay Banga, said on Tuesday. That would include $20 billio
Finance Minister Amir Khosru Mahmud Chowdhury has unveiled an ambitious vision to transform Bangladesh into a trillion-dollar economy by 2034, even as rising debt and intensifying climate risks threaten to derail progress. Speaking at the 16th Ministerial Dialogue of the CVF-V20 on April 14, the m
The World Bank (WB) has committed to providing comprehensive assistance to Bangladesh, encompassing both policy reforms and direct funding, to help the country navigate its current economic challenges. Finance Minister Amir Khosru Mahmud Chowdhury shared this optimism on Monday following a high-le
