An International Monetary Fund (IMF) team will engage in weeklong parleys with finance officials from tomorrow to assess Bangladesh's macroeconomic situation and discuss new financing packages, officials say. The IMF Mission Chief for Bangladesh, Ivo Krznar, will lead the 11-memebr delegation whic

Umpteen differences of opinion between the Asian Development Bank and the Bangladeshi financial-sector regulatory agencies delay the launch of ADB-sponsored taka-denominated bonds for both local and global subscriptions, officials say. The Manila-based lender plans to introduce the local-currency

With a foreign operator managing the Pangaon Inland Container Terminal (PICT) since this February, the Dhaka-based river terminal is attaining record-breaking success in handling boxes. During the last five months of operation, Swiss company Medlog SA, a concern of Mediterranean Shipping Company (

A fresh government move gets underway to open negotiations with the International Monetary Fund (IMF) in mid-July to secure some US$4.0 billion under a new lending package to attain macroeconomic stability, officials say. The fresh loan move comes after the newly elected government has decided to

Eminent economists have described the proposed national budget for fiscal year (FY) 2026-27 as 'highly ambitious', warning that financing constraints and weak implementation capacity could pose significant challenges for the newly formed government. They cautioned that failure to mobilise adequate

A further energy-price shock stemming from the conflicts in the Middle East could undermine Bangladesh's economic outlook in FY27, finance officials fear. They warn that higher energy costs may slow GDP growth, disrupt the downward trend in inflation, dampen industrial and agricultural expansion,

With an upscale new budget coming in few days now, the government targets borrowing 8.0-percent higher from the banking sector and 20-percent bigger from savings schemes to finance deficit amid unpromising revenue-earning prospects, officials say. According to Finance Division sources, in th

As a big new budget worth Tk 9.38 trillion comes within days now, finance officials themselves appear sceptical whether the government can finance it with limited sources of earning as of now. Officials say the government is setting a target of collecting Tk 6.95 trillion as revenue in the fisca