Economy

July-Mar sees record revenue shortfall

July-Mar sees record revenue shortfall

Bangladesh confronts a nearly trillion-taka record revenue shortfall in the bygone three quarters of this financial year, scaling up pressure on government's fiscal management. Until March, the National Board of Revenue (NBR) had lagged behind its target by about Tk 980 billion, marking the larges

Bangladesh, Ethiopia eye deeper economic ties

Bangladesh, Ethiopia eye deeper economic ties

Bangladesh and Ethiopia have agreed to elevate their bilateral relations to a higher level through enhanced economic cooperation. Foreign Minister Dr Khalilur Rahman, now visiting Ethiopia, held a meeting with Minister of Foreign Affairs Gedion Timothewos and discussed issues of mutual interest.

Four-tier plan taken up to reform fragile financial sector

Four-tier plan taken up to reform fragile financial sector

Bangladesh's total external-debt buildup touched US$78.067 billion as of last February, the finance minister apprised parliament Tuesday while outlining their new government's financial-reform recipe.  To a question, Amir Khasru Mahmud Chowdhury said between the 2008-09 and 2025-26 fiscal yea

Banks lose borrowing appetite as credit demand slumps

Banks lose borrowing appetite as credit demand slumps

Commercial banks' borrowing appetite continues to fall amid a squeeze in credit demand in the face of persisting economic sluggishness in recent months. Apart from the private sector's lower credit demand, the Bangladesh Bank (BB) keeps injecting liquidity in the form of buying US dollars from the

Foreign debt stands at $78b: Khosru

Foreign debt stands at $78b: Khosru

Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday told Parliament that Bangladesh’s foreign debt stood at around $78 billion as of February 2026. “According to the account up to February, 2026, the foreign debt of the Bangladesh government amounts to $78,067.20 million,” h

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