Economy

Ambitious ADP holds huge block allocations

Ambitious ADP holds huge block allocations

Government's highest economic-policy body Monday endorsed an ambitious Tk3.0-trillion annual development programme (ADP) for the upcoming fiscal year with nearly one-third of the money earmarked as block allocations. Economists forewarn that such huge block allocations could create room for misuse

Dhaka, Washington affirm upward trajectory in ties

Dhaka, Washington affirm upward trajectory in ties

Bangladesh and the United States have reaffirmed their commitment to further strengthening bilateral partnership in various areas of mutual interest. The reaffirmation came during a meeting between State Minister for Foreign Affairs Shama Obaed Islam and US Assistant Secretary of State for South a

Bangladesh Bank buys $100mn in a single day, highest in May

Bangladesh Bank buys $100mn in a single day, highest in May

Bangladesh Bank (BB) has purchased $100 million from six commercial banks, marking the highest single-day greenback purchase by the central bank in May. The dollars were bought at a rate of Tk 122.75 each on Monday, according to data released by the regulatory body. Earlier, the highest single-da

PM chairs NEC meeting

PM chairs NEC meeting

A meeting of the National Economic Council (NEC) is being held with Prime Minister Tarique Rahman in the chair. The meeting began at 10:00 am today at the Bangladesh Planning Commission Auditorium in the city’s Agargaon area, PM’s Deputy Press Secretary Jahidul Islam Rony said. The me

Some major projects claim hefty sums

Some major projects claim hefty sums

A few projects claim hefty sums in Bangladesh's new development budget, with the Rooppur Nuclear Power Plant project set to receive the highest allocation of Tk 154.99 billion. The RNPP's allocation in the next fiscal year's Annual Development Programme (ADP) marks a 54.81-percent increase from th

Global

OP-ED

More