Economy / Bangladesh

Forex-reserves buildup gets cautious IMF plaudits

Forex-reserves buildup gets cautious IMF plaudits

The International Monetary Fund (IMF) has cautiously hailed Bangladesh's recent foreign-exchange -reserves buildup, pending a spot-check as to whether the modalities of market operations are consistent with the Fund-prescribed exchange regime. An IMF mission is scheduled to visit Dhaka this week f


Economic governance needs to undergo major changes

Economic governance needs to undergo major changes

Speakers at the Economic Reform Summit 2025 have called for deep structural changes in Bangladesh's economic governance, stressing deregulation, restoration of central bank independence, and a shift from bureaucratic dominance to private sector-led reform. Addressing the event as chief guest on Mo

Accession requires opening services sector

Accession requires opening services sector

Bangladesh's coveted membership in the Regional Comprehensive Economic Partnership (RCEP), world's largest trade bloc, presupposes challenging sweeping liberalisation of trade in services as a predominant condition. A study, backed by an UN agency, shows how to circumvent the challenge in a measur

Remittance inflow crosses $2b in 25 days of October

Remittance inflow crosses $2b in 25 days of October

Remittance inflow through banking channels surpassed $2.0 billion in the first 25 days of October, maintaining the upward trend in remittance inflow. A review of Bangladesh Bank data shows that on Sunday, expatriates sent $2.03 billion through official banking channels during this period. On a da

Govt plans to trim foreign project aid

Govt plans to trim foreign project aid

The government is preparing to reduce foreign project aid in the current fiscal year's Annual Development Programme (ADP) as ministries and divisions continue to lag behind in project execution. Officials said consultations will begin next week to reassess how much of the Tk 860 billion project ai

Dhaka alone contributes nearly 46pc of GDP: DCCI

Dhaka alone contributes nearly 46pc of GDP: DCCI

Dhaka district alone contributes nearly 46 per cent of Bangladesh’s total Gross Domestic Product (GDP), valued at $462 billion in the fiscal year 2024–25, according to a new analysis by the Dhaka Chamber of Commerce and Industry (DCCI). The study found that per capita income in Dhaka d

BD pursues aggressive tariff overhaul

BD pursues aggressive tariff overhaul

Bangladesh adopts a time-bound implementation roadmap on aggressive tariff overhauls, including deep cuts, to rationalize the country's trade regime to play tidily on the global market in post-graduation era. The government has formally adopted the roadmap in its National Tariff Policy (NTP), sour

Nepalese envoy stresses deeper cooperation in key sectors

Nepalese envoy stresses deeper cooperation in key sectors

Nepalese Ambassador to Bangladesh Ghanashyam Bhandari has emphasised deepening bilateral cooperation in areas, including trade and investment, energy, education, tourism, people-to-people connections, and LDC graduation. He delivered a lecture titled 'Nepal-Bangladesh Relations: Pathways for Enhan

ECNEC sends back Tk 12.69b 'haors' project

ECNEC sends back Tk 12.69b 'haors' project

The Executive Committee of the National Economic Council (ECNEC) on Tuesday declined to give its nod to an infrastructure-development project in 'haors' of greater Sylhet and Mymensingh, fearing environmental impact. The ECNEC, the highest government authority for approving development projects an

Economy stabilising amid sluggish investment momentum

Economy stabilising amid sluggish investment momentum

Bangladesh's economy shows signs of cautious stabilisation, but investment momentum remains sluggish as the private-sector credit growth weakens and borrowing costs remain high, according to a report of the General Economics Division (GED) under the Planning Commission. Released on Tuesday, the Oc