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)
Finance Minister Amir Khasru Mahmud Chowdhury said with the launch of e-Loan, a maximum of Tk 50,000 will be provided as a loan on a fully digital basis for a tenure of twelve months.This will make obtaining microloans easier and enhance financial inclusion.He came up with the remarks while deliver
The government has made it mandatory to provide a Taxpayer Identification Number (TIN) when opening a bank account in an effort to expand the tax net. However, students, government allowance recipients, and individuals or organisations that have received tax exemptions through an official governme
The cabinet of Prime Minister Tarique Rahman's government has approved a Tk 9.38 trillion budget for the new financial year. The finance minister is set to place it before parliament later on Thursday. The 2026-27 budget was approved at a cabinet meeting that began at 10am at the parliament build
The goal of the upcoming budget is to establish “a welfare state”, Finance Minister Amir Khosru Mahmud Chowdhury has said. Speaking to the media on Thursday morning as he left his Gulshan residence to attend a cabinet meeting at parliament, the minister was asked what the new budget wo
A special meeting of the Cabinet, chaired by Prime Minister Tarique Rahman, is underway to approve the proposed national budget for the 2026-27 fiscal year. The meeting began at 10:00 am on Thursday at the Cabinet Room of the Parliament Secretariat, reports UNB. According to established practice,
Bangladesh’s economy is set to cross a historic milestone as the size of the Gross Domestic Product (GDP) is estimated to surpass the half-trillion-dollar mark in the current fiscal year (FY2025-26), according to provisional estimates released by the Bangladesh Bureau of Statistics. The coun
Bangladesh Bank (BB) on Wednesday launched a comprehensive nationwide promotional campaign to expand unified digital payments through 'Bangla QR' ahead of its formal operations set for July 1, 2026. As part of the digital cash push, Governor of Bangladesh Bank Md. Mostaqur Rahman inaugurated the c
Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday said the government has intensified banking-sector reforms, strengthened deposit protection and tightened measures against loan defaulters in an effort to restore public confidence and improve financial stability. Responding to a question fr
Finance Minister Amir Khosru Mahmud Chowdhury on Tuesday blamed political uncertainty, weak investment, sluggish trade and industrial activity, and supply-chain disruptions for the government’s failure to meet revenue targets over the past two fiscal years. He told parliament that a combinat
Overcoming Bangladesh's current macroeconomic challenges relies largely on the political will of those in power, economist Masrur Reaz says. According to him, progress will only be possible if there is a clear political commitment to prevent any particular group from holding the economy hostage.
Commerce Minister Khandakar Abdul Muktadir on Monday told Parliament that the country's trade deficit increased by nearly US$ 8 billion over the five fiscal years, reaching US$ 24.16 billion in FY25 from $ 16.24 billion in FY21, for what he described as wrong policies of the previous governments.
The National Board of Revenue (NBR) has extended the deadline for businesses to enter previously submitted paper-based VAT returns into the electronic VAT (e-VAT) system until June 30, 2026, ahead of the planned introduction of mandatory online VAT return filing from July. According to an NBR pres
