A massive refinancing and support fund worth Tk 600 billion has been launched to reinvigorate Bangladesh's slowing private-sector-led economy with vibrant business activity. Generating employment for over 2.50 million people is among cardinal objectives of the stimulus package Bangladesh Bank (BB)
Prime Minister’s Adviser on the ministries of Finance and Planning Dr. Rashed Al Mahmud Titumir has said that the government is working on a new economic model aimed at transforming Bangladesh into a one-trillion-dollar economy by 2034, while ensuring that the benefits of growth reach all sec
Exchange-rate depreciation and higher real interest rates have significantly contributed to the rise in non-performing loans (NPLs) in the banking sector, which stood at 32.26 per cent at the end of March, according to a study conducted by a local think-tank. Stronger economic growth is believed
As a big new budget worth Tk 9.38 trillion comes within days now, finance officials themselves appear sceptical whether the government can finance it with limited sources of earning as of now. Officials say the government is setting a target of collecting Tk 6.95 trillion as revenue in the fisca
Bangladesh is going to borrow a costly US$300-million budgetary support from Japan as the new BNP administration aggressively searches funds for minimising hefty deficit in budget financing, officials say. The government had decided not to go for taking fresh loan with Japan's newly imposed higher
Bangladesh and Türkiye have intensified efforts to deepen economic and strategic ties, with discussions focusing on a possible free trade agreement and increased Turkish investment in sectors such as the defence industry and textiles during talks between the foreign ministers of the two countr
The cabinet has approved the Foreign Direct Investment (FDI) Incentive Scheme Policy, 2026 aimed at encouraging Bangladeshi citizens, including expatriates, to bring foreign direct investment into the country. The policy, formulated at the initiative of the Prime Minister’s Office, was appro
Bangladesh is facing mounting economic challenges as weak revenue collection, persistent inflation, banking sector fragility and rising energy costs weigh on the economy, the Centre for Policy Dialogue (CPD) said on Thursday. Presenting the third reading of its Independent Review of Bangladesh's D
The government is moving to bring all bank employees under the Progoti package of the Universal Pension Scheme. The Bangladesh Bank and managing directors of all scheduled banks have been asked to take “necessary steps” to implement the directive. The finance ministry said in a media
Bangladesh has requested a new financial arrangement from the International Monetary Fund (IMF) to support the economic reform programme. Mr. Ivo Krznar, International Monetary Fund (IMF) Mission Chief for Bangladesh, disclosed the information in a statement on Wednesday. “The Bangladeshi a
Bangladesh Bank (BB) has instructed all scheduled banks to give priority to farmers affected by recent heavy rainfall in receiving agricultural credit under its refinancing scheme, aiming to support recovery efforts and protect farm production in vulnerable regions. The directive was issued to
Bangladesh received $3.43 billion in workers’ remittances in May 2026, registering a 15.34 percent increase compared to the corresponding month of the previous year, according to the latest data released by Bangladesh Bank (BB) today (Monday). The country received $3.43 billion in remi
Entrepreneur and businessman Riad Mahmud says global uncertainty has raised concerns about the investment situation in Bangladesh. He says that before the February general election, investors were expecting political stability in the country, but global economic headwinds have disrupted the econom
