Economy

New monetary policy tomorrow

New monetary policy tomorrow

A half-yearly monetary policy statement may be announced tomorrow (Thursday) with contractionary stance on money supply as curbing the persisting high inflation continues to influence Bangladesh's financial front. For the first time ever, the central bank is going to unveil the July-December MPs

Bangladesh Bank maintains tight monetary policy stance for F1

Bangladesh Bank maintains tight monetary policy stance for F1

The central bank on Thursday unveiled the monetary policy statement for the first half of FY2025 maintaining a cautiously tight monetary policy stance. It maintained the tight monetary stance in the wake of higher inflation in the economy. Bangladesh Bank kept the policy (Repo) rate unchanged at

Global economy set for modest growth over next two years: IMF

Global economy set for modest growth over next two years: IMF

The global economy is set for modest growth over the next two years amid cooling activity in the US, a bottoming-out in Europe and stronger consumption and exports for China, but risks to the path abound, the International Monetary Fund said on Tuesday. The IMF warned in an update to its World Eco

ADB to review $13b projects next week

ADB to review $13b projects next week

The Asian Development Bank (ADB) will review its nearly $13 billion projects in Bangladesh next week as many are struggling for implementation delays, officials said on Tuesday. The Manila-based lender would sit with all the project implementers in the Bangladesh government for analysing the proje

Export data mismatch won't change GDP, per-capita income: MoF

Export data mismatch won't change GDP, per-capita income: MoF

The government claims the export-data mismatch won't change the size of Bangladesh's gross domestic product (GDP) and per-capita income, though economists think different about knock-on effect of the miscalculation. In a release Tuesday, the ministry of finance said the central bank usually publis

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