Innovation--technological, institutional, and policy-- should be the unifying principle for Bangladesh's transition to a competitive, inclusive, and sustainable post-LDC economy, a policy paper has suggested. By embedding pro-innovation reforms into its economic governance, Bangladesh can reconcil
Finance Adviser Dr Salehuddin Ahmed has said that the loan ceiling set by the International Monetary Fund (IMF) would not create any pressure on Bangladesh. Speaking at his office in the Ministry of Finance today, he said that the government has already cleared US$5 billion in foreign debts and ou
Bangladesh's economy is estimated to grow by 4.0% in fiscal year 2025 (FY25), rising to 5.0% in FY26, according to the Asian Development Outlook (ADO) September 2025, released today by the Asian Development Bank (ADB). Although garment exports remain resilient, the slower growth estimate reflects
Finance Adviser Dr Salehuddin Ahmed has said money launderers in Bangladesh are far smarter than the government, often outwitting bankers and even central bank officials. "Companies often shift money from one place to another repeatedly before it leaves the country. That is how money laundering oc
Government's domestic borrowing from nonbanking sources bloats as institutional and individual depositors pour their money into secure government securities (G-Sec) failing to find better alternative investment choices as yet, sources say. Normally, major portion of government's domestic debts to
Bangladesh's animation industry, still a niche player on the global stage, holds the potential to fetch as much as US$3.0 billion in annual export if given the right policy support, industry-insiders claim. For more than a decade, Bangladeshi animators have quietly been producing high-quality wo
Finance Advisor Salehuddin Ahmed has said the financial sector is rife with “trickery” due to a lack of transparency in financial reporting and the superior intelligence of money launderers compared with bankers, including Bangladesh Bank officials. He also blames inadequate auditor re
The inflow of remittances witnessed a significant year-on-year growth of 16.7 per cent through the first 28 days of September. According to the latest data issued by the Bangladesh Bank (BB) on Monday, the total inflow of remittances reached $2.47 billion during this period. This represents a not
The Asian Development Bank (ADB) and Bangladesh on Monday signed agreements worth $269.1 million in loans and $62.6 million in grants to support water supply, power distribution, and displaced people from Myanmar. The signing ceremony was held at the Economic Relations Division (ERD) Conference Ro
Bangladesh Bank has revised the transaction hours for the Real Time Gross Settlement (RTGS) system, the central bank’s instant and secure interbank payment mechanism. The Payment Systems Department of Bangladesh Bank issued a circular on Sunday announcing the changes, which will take effect
The International Monetary Fund (IMF) has for the first time set a maximum US$ 8.44 billion ceiling for foreign borrowing for Bangladesh for the fiscal year 2025-26. The new condition was revealed in the IMF’s ‘Bangladesh Country Report,’ published recently after the approval and
Cash transactions on the call money-market rise in a rebound of the moribund interbank platform as the central bank's policy revision, cutting 50 basis points in the state-guaranteed standing deposit facility (SDF), helps change the equations, sources say. At the same time, the Bangladesh Bank (BB
Finance Adviser Dr Salehuddin Ahmed on Tuesday defended Bangladesh Bank's recent move to mop up nearly $2.0 billion from the market, saying the central bank was right to keep the exchange rate stable even as demand for the US dollar has temporarily eased. Speaking to reporters after meetings of th
