Economy

ADB offers $5.0b in dev aid

ADB offers $5.0b in dev aid

An incremental assistance package announced by the Asian Development Bank (ADB) would fetch Bangladesh US$5.0 billion over next five years and increase the subsequent annual aid by 20 per cent. The announcement came Monday when ADB President Masato Kanda met Prime Minister Tarique Rahman in Dhaka

External sector may face tough times by end of FY26: BB

External sector may face tough times by end of FY26: BB

The central bank has warned that Bangladesh may face mounting external-sector pressures by the end of fiscal year (FY) 2025-26 amid global trade tensions, geopolitical uncertainties and potential tariff shocks. "…global trade tensions, geopolitical uncertainties, and potential tariff shocks

Foreign aid falls sharply amid rising debt servicing

Foreign aid falls sharply amid rising debt servicing

Foreign aid disbursements, including loans and grants, to Bangladesh declined by 17.96 per cent during the first 10 months of the current fiscal year compared to the corresponding period of FY25, while fresh aid commitments fell sharply by more than 34 per cent, according to the latest data from th

Cenbank eases CMSME refinance rules

Cenbank eases CMSME refinance rules

Bangladesh Bank (BB) has relaxed the participation criteria for state-owned commercial and specialised banks under its refinancing facilities, a move aimed at accelerating the flow of credit to the Cottage, Micro, Small, and Medium Enterprise (CMSME) sector. The SME and Special Programmes Departme

Bangladesh braces for $4.5b  fresh IMF credit negotiations

Bangladesh braces for $4.5b fresh IMF credit negotiations

The government wants to implement reforms that are "realistic" and "compatible with the country's ground reality" in phases as Bangladesh braces for negotiating a newly planned credit programme with the International Monetary Fund (IMF). Sources say the new government won't come out from reforms a

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