The government on Monday gave the nod to 12 development projects, including four revised schemes, involving a total of Tk 71.50 billion. The Executive Committee of the National Economic Council (ECNEC) approved the eight fresh projects, two revised ones and extended execution time for two others a
Bangladesh's total debt rose by more than 13.5 per cent to Tk 21.44 trillion in the fiscal year ending in June 2025, driven largely by external borrowing, according to data released by the Finance Division on Wednesday. This represents 38.61 per cent of the country's Gross Domestic Product (GDP),
The International Monetary Fund (IMF) on Thursday emphasised the need for making the revenue fiscal side "a high national priority" to streamline the economy of Bangladesh. "Without (higher) revenue collection, it is very difficult to fix the banking sector, very difficult to tend to fiscal issues
Government's finance authority gets further tightfisted with the current development budget downsized by Tk 300 billion to Tk 2.0 trillion, officials say, citing hard times on the economic front in the interim period. The Finance Division has slashed Annual Development Programme (ADP) outlay for t
Finance Adviser Dr Salehuddin Ahmed on Wednesday said the process of pay scale implementation involves several independent commissions and multiple layers of administrative approval. “The work of the Pay Commission is highly complex and independent. There is no government role in determining
The central bank has amended key provisions of its directive on Offshore Banking Units (OBUs) of scheduled banks, aiming to facilitate the country’s foreign trade, officials said. The Bangladesh Bank (BB) on Monday issued a notification amending the OBU guidelines, originally released on Jan
Finance Adviser Dr Salehuddin Ahmed on Sunday said the International Monetary Fund (IMF) is continuing its review of Bangladesh's progress under the ongoing loan programme, and a final decision regarding the next instalment is expected only after the formation of the next political government. "Th
Speakers at a discussion on Saturday warned that the proposed telecom licensing policy could undermine domestic entrepreneurs, restore foreign dominance, and sharply raise internet prices. They urged the government to review the draft guidelines, currently being prepared by the Bangladesh Teleco
Internet banking transactions in Bangladesh posted a robust growth of about 47.5 per cent year-on-year in August 2025, reaching Tk 1.12 trillion from Tk 759.39 billion in the same month of 2024, according to the latest data from the Bangladesh Bank (BB). Although the August figure was slightly l
Amid growing fears of job losses and disruption, experts believe artificial intelligence (AI) could unlock vast new economic opportunities for Bangladesh if managed wisely. While concerns persist over automation and its impact on employment, they argue that the country's focus should now shift tow
World Bank's loan confirmation without project preparation creates a hiatus making Bangladesh pay interest and other fees before fund utilisation begins, officials say about the financial waste. The mismatch has caused a financial gap of about US$1.5 billion between the active loans and the WB's
Bangladesh Bank (BB) has published the draft 'Payment System Operator (PSO) Regulation 2025'. This move is set to integrate the regulation with the existing Payment and Settlement Systems Act, 2024. The central bank recently published the draft regulation seeking public feedback. After consultati
Bangladesh Bank (BB) today (Thursday) said that shareholders of five troubled banks will get compensation under the Bank Resolution Ordinance, 2025 (BRO 2025). “According to Section 40 of the BRO, 2025, if a scheduled bank under resolution is ultimately liquidated, and shareholders suffe
