Economy

NEC cuts ADP by Tk 300 billion

NEC cuts ADP by Tk 300 billion

The National Economic Council (NEC) on Monday approved Revised Annual Development Programme(ADP) for the fiscal year 2025–26 with a total size of Tk 2.08935 trillion, marking a reduction from the original allocation amid resource constraints and macroeconomic considerations. The decision was

Cut default rate to 25pc by March: governor

Cut default rate to 25pc by March: governor

Bangladesh Bank Governor Ahsan H Mansur has directed commercial banks to reduce their non-performing loan (NPL) ratio to 25 percent by March, using a combination of restructuring, rescheduling, write-offs, and intensified recovery efforts. The directive came during a meeting on Sunday with top exe

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