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/ Economy / Bangladesh

ADB to provide $500m more as budget support

Bangladesh is likely to get another $500 million worth of budget support from the Asian Development Bank (ADB) within this calendar year as the government has recently completed negotiations in this regard with the lender, officials said on Thursday. In...

Eid raises April remittance inflow to $2.01b

The flow of inward remittances increased further in April 2022...

Remittance inflow in April reaches $2.09b

Bangladesh received $2.09 billion in remittances in April, the highest...

NBR to speed up VAT collection to meet target

The National Board of Revenue (NBR) has asked its field...

Sovereign debt set to soar to Tk 16.30 trillion in FY 2022-23  

The government's debt, that is the country's sovereign debt, is...

Remittance inflow rises ahead of Eid, expected to exceed $2,0b

Remittance inflow has increased ahead of Eid-ul-Fitr as Bangladesh received...

Foreign ministry fears further devaluation of taka

The foreign ministry has warned that the exchange rate of...

WB-IMF meeting praises Dhaka's success in economic recovery

The Spring Meeting of the World Bank (WB)-International Monetary Fund...

Kamal upbeat about 7.2pc growth this FY

Finance Minister A H M Mustafa Kamal on Wednesday expressed...

Bangladesh Bank increases working capital credit limit

Bangladesh Bank (BB) on Wednesday increased the working capital credit...

Tk 2.46t ADP likely in next fiscal year

The government is likely to frame an expansionary Tk 2.46-trillion...

Credit facility widens to augment import activity

Credit facility for post-import financing widens under a policy change...

Credit flow rises on demand rebound

Credit flow into Bangladesh's private sector rebounds, after a downturn,...

Power sector subsidy may double to Tk 180b in FY23 budget

The government is considering doubling the power sector subsidy to...

Tk 930b foreign funds likely in FY '23 ADP

The government is likely to allocate Tk 930-billion funds from...

Bangladesh loses out on terms of trade

Bangladesh's 'terms of trade (TOT)' increasingly go against the country,...

‘Sri Lanka, Pakistan can follow Bangladesh to avert economic crisis’

Sri Lanka and Pakistan can follow the economic miracle of...

Bangladesh, Norway keen to broaden economic partnership

Bangladesh and Norway have expressed interest in broadening economic partnership...

Branding Bangladesh abroad: Govt moves to shape strategies

A move is underway to prepare strategies for branding Bangladesh...

Bangladesh bags highest $6.79 billion foreign aid in nine months

Bangladesh received a record $6.79 billion in foreign aid in...

E-commerce breaks barriers of traditional marketing in Bangladesh

Like thousands of women across the country, Nevia Alam, a...

Bangladesh Bank moves to stave off rapid devaluation of taka against US dollar

Bangladesh Bank has taken a series of measures in an...

Kamal hails microcredit role in cutting poverty

Microcredit programmes have played a significant role in reducing poverty...

BGMEA, CNNIC to jointly promote Bangladesh’s RMG sector by showcasing success story

Bangladesh Garment Manufacturers and Exporters Association (BGMEA) and the-based CNN...

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