Economy

Jul-Apr trade deficit widens to $22.2b

Jul-Apr trade deficit widens to $22.2b

Bangladesh's trade deficit widened significantly during the first 10 months of the current fiscal year as import growth outpaced exports despite the fact that robust financial inflows helped keep the overall balance of payments (BoP) in surplus. The trade deficit rose to $22.2 billion during the J

BB launches Tk 50b revolving refinance fund for CMSMEs

BB launches Tk 50b revolving refinance fund for CMSMEs

Bangladesh Bank (BB) on Monday launched a Tk 50 billion (Tk 5,000 crore) revolving refinance fund for the Cottage, Micro, Small and Medium Enterprise (CMSME) sector to ease working capital shortages, boost production and support employment generation. The central bank introduced the fund through a

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