A fresh government move gets underway to open negotiations with the International Monetary Fund (IMF) in mid-July to secure some US$4.0 billion under a new lending package to attain macroeconomic stability, officials say. The fresh loan move comes after the newly elected government has decided to
The International Business Forum of Bangladesh (IBFB) has termed the proposed national budget for fiscal year 2026-27 a positive and pragmatic roadmap for economic recovery, investment expansion, employment generation and long-term structural reforms. The business body made the observation at a pr
Bangladesh's overall price level has risen by almost 70 per cent over the past decade ending FY 2025-26, according to the latest GDP deflator data, underscoring the extent of economy-wide inflation and its impact on growth, incomes and purchasing power. The GDP deflator stood at 169.72 in FY26 (pr
Bangladesh-linked money in Swiss banks ballooned further in 2025 by 41 per cent from the amount recorded in 2024 when there was a quantum leap of 232 per cent following previous two years' sharp decline. The picture of much-talked-about 'Swiss bank balance' emerges from the Annual Banking St
The amount of money deposited by Bangladeshi nationals and entities in Swiss banks has jumped 41 percent to 834.16 million Swiss francs, equivalent to about Tk 127.51 billion, according to the latest annual report of Switzerland’s central bank released on Thursday. The sharp rise comes on th
