After a downturn, inflation-fueling high-powered money has surged again, largely negating the effect of a contractionary policy pursued by the regulator to stem price rises. The money being injected into the market through some channels is stoking fear of higher monetary regime ahead. Money
Bangladesh implemented just 48.23 percent of its Annual Development Programme (ADP) during the first 11 months of the outgoing fiscal year, marking the lowest execution rate in 16 years. Data released on Thursday by the planning ministry’s Implementation Monitoring and Evaluation Division (I
Finance Minister Amir Khosru Mahmud Chowdhury sets out a three-pronged economic-resilience strategy for protecting Bangladesh from global economic turbulence and the fallouts from continuing instability in the Middle East. While elaborating on the Three-R strategy in parliament on Wednesday,
Bangladesh's gross foreign-exchange reserves crossed US$36-billion mark Wednesday with an aid dollop of nearly $320 million from Japan International Cooperation Agency (JICA). The country's gross forex reserves rose to $36.10 billion on the day from $35.80 billion of the previous day with disburse
Bangladesh Bank on Wednesday issued a strict directive to all scheduled commercial banks, warning them to immediately cease discouraging customers from investing in national savings certificates (Sanchayapatra). The central bank instructed all banks to seamlessly continue the sale of savings certi
