With an upscale new budget coming in few days now, the government targets borrowing 8.0-percent higher from the banking sector and 20-percent bigger from savings schemes to finance deficit amid unpromising revenue-earning prospects, officials say. According to Finance Division sources, in th
Formal credit growth in the private sector remains almost static, reaching 4.75 per cent in April, signalling a deep slowdown in the country's business activities. The low trend in credit demand from private enterprises is attributed to banks becoming more cautious amid rising non-performing loans
Bangladesh Bank (BB) on Sunday launched a Tk 30 billion (Tk 3,000 crore) export diversification refinance scheme aimed at strengthening production capacity and expanding the country’s export base beyond the ready-made garments (RMG) sector. The Sustainable Finance Department of the central b
Bangladesh’s point-to-point inflation rose to 9.42 per cent in May 2026, driven mainly by an increase in food prices, according to the latest data released by the Bangladesh Bureau of Statistics (BBS). The inflation rate was 9.04 per cent in April 2026 and 9.05 per cent in May last year. Fo
The second session of the 13th Jatiya Sangsad, which will serve as its maiden budget session, is set to begin today at 3:00 pm. President Mohammed Shahabuddin has convened the session under Article 72(1) of the Constitution. The sitting will take place in the parliament chamber at the Jatiya Sangs
