Bangladesh's economy is expected to grow by 4.5 per cent this fiscal year, a little below earlier projections by Oxford Economics, as it believes the second-quarter growth ending December slowed alongside poor export growth in key markets. However, the growth in fiscal year 2025-26 picks up above
Resetting higher interest rates and helping in reopening closed factories through default loan rescheduling and fresh working-capital lending are among first priorities set by the newly appointed Bangladesh Bank governor. Explaining Governor Mostaqur Rahman's directions to the central bank's
In an abrupt shakeup in the central bank's top echelon, the new government Wednesday appointed accountant-businessman Md. Mostaqur Rahman as new governor of the Bangladesh Bank (BB). Dr Ahsan H. Mansur made an unceremonious exit as the government terminated his job contract as governor, amid
Bangladesh's gross foreign- exchange reserves surpassed the $35-billion mark on Tuesday, supported by sustained US dollar purchases by the central bank amid stronger remittance inflows ahead of Eid-ul-Fitr. Officials said the interventions are aimed at stabilising the dollar-taka exchange rate whi
Costs of 65 projects have been ramped up by Tk 798.34 billion in apparent prodigal reappraisals of the development schemes by the just-gone interim government during its one-and-a-half-year tenure, sources say. The projects, originally undertaken at a combined cost of Tk 2.24 trillion, were
