Rejaul Karim Byron

Revised budget may be Tk 50,000cr smaller

Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).

1d ago

$234 billion siphoned off during AL rule

A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.

1w ago

Distressed loans equal to cost of 22.5 Padma bridges

Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka, according to a White Paper released yesterday.

1w ago

Bangladesh on track for next IMF loans

Bangladesh is on track to meet all 12 conditions set by the International Monetary Fund (IMF) to qualify for the fourth tranche of a $4.7 billion loan programme, only missing the revenue collection target.

1w ago

$14b a year lost to capital flight during AL years

Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.

1w ago

Power, Energy Sector: Arrears, subsidies weighing down govt

The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.

2w ago

Budget support from WB, ADB: $1.1b loan likely by December

Bangladesh to utilise the fund to speed up reforms, stabilise reserves

3w ago

Govt moves to cut budget size

The interim government is going to curtail its expenditure focusing on the budget for 2024-25 in order to keep fiscal pressure within its control, contain inflation and prevent foreign currency reserves from falling further.

3w ago
December 8, 2024
December 8, 2024

Revised budget may be Tk 50,000cr smaller

Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).

December 2, 2024
December 2, 2024

$234 billion siphoned off during AL rule

A total of $234 billion was siphoned off from Bangladesh between 2009 and 2023, according to the white paper on the state of the economy.

December 2, 2024
December 2, 2024

Distressed loans equal to cost of 22.5 Padma bridges

Distressed assets in the banking sector have reached a whooping Tk 6,75,030 crore, an amount bigger than the cost of building 22 bridges across the Padma or 13.5 metro rail systems in Dhaka, according to a White Paper released yesterday.

December 1, 2024
December 1, 2024

Bangladesh on track for next IMF loans

Bangladesh is on track to meet all 12 conditions set by the International Monetary Fund (IMF) to qualify for the fourth tranche of a $4.7 billion loan programme, only missing the revenue collection target.

November 29, 2024
November 29, 2024

$14b a year lost to capital flight during AL years

Bangladesh has lost around $14 billion a year on average to capital flight during the Awami League’s 15-year tenure, according to the draft report of the committee preparing a white paper on the economy.

November 23, 2024
November 23, 2024

Power, Energy Sector: Arrears, subsidies weighing down govt

The interim government is struggling to pay the power bill arrears that were caused largely by “unfair” contracts signed between the previous administration and power producers, and rising international fuel prices.

November 16, 2024
November 16, 2024

Budget support from WB, ADB: $1.1b loan likely by December

Bangladesh to utilise the fund to speed up reforms, stabilise reserves

November 15, 2024
November 15, 2024

Govt moves to cut budget size

The interim government is going to curtail its expenditure focusing on the budget for 2024-25 in order to keep fiscal pressure within its control, contain inflation and prevent foreign currency reserves from falling further.

November 14, 2024
November 14, 2024

BB should prevent second-round effects of inflation: IMF

The Bangladesh Bank (BB) should take measures to prevent “second-round effects” of inflation, the International Monetary Fund (IMF) said.

November 13, 2024
November 13, 2024

World Bank points out myriad issues in healthcare

The World Bank has committed to giving Bangladesh $400 million for implementing the next five-year plan for the health sector, which is estimated to cost around $9 billion.