Massive deregulation across major financial sectors of the "over-regulated" country is expected to be reflected in the coming national budget being crafted by the newly elected government. Finance and Planning Minister Amir Khosru Mahmud Chowdhury dropped a broad hint at such changes on Saturday d
Finance Minister Amir Khosru Mahmud Chowdhury on Saturday said the government is working to move the country away from a patronage-based economic system. “Such a system had led to the concentration of country’s wealth in the hands of oligarchs, as in the past large sums of money
A surfeit of 'high-powered' money in the economy stokes concern about inflation upturn as reserve money more than doubled in terms of year-on-year growth as of February. The central bank of Bangladesh has injected Tk 200 billion in printed money into economy recently to feed government expenditur
Budget-support funding from foreign financiers seems drying up as only US$750 million has so far been confirmed although the financial year nears end with the economy facing unanticipated shocks amid global crises. The country faces severe fund shortages caused due to heightened
The Asian Development Bank (ADB) on Friday approved a $250 million loan to support the government of Bangladesh in operationalising and institutionalising critical reforms aimed at improving the efficiency, coverage and effectiveness of the country’s social protection system. Subprogram 2 of
