IMF to assess Bangladesh’s need for fresh loan
An International Monetary Fund (IMF) delegation due to arrive later this month will assess Bangladesh’s potential financial needs as the country sought a fresh $3 billion loan from the multilateral lender.
4d ago
Govt urges China to reduce loan interest, extend repayment period
The government has requested China to lower the interest rates on existing Chinese loans to 1 percent and extend the repayment period to 30 years.
6d ago
Workers’ minimum wage to be reviewed
In an effort to bring normalcy back to the industries, the government will review the workers’ wage through the minimum wage board, the interim government has decided.
1w ago
Bangladesh seeks $3b from ADB, WB
Bangladesh could get $3 billion in budgetary support under an Asian Development Bank (ADB) and World Bank (WB) arrangement for energy and power sector reforms and the upcoming status graduation from a least developed country (LDC) to a developing nation in 2026.
1w ago
Export target set at $57.5b for FY25
Bangladesh aims to increase its merchandise and service exports by about 12.74 percent year-on-year to $57.5 billion in the fiscal year 2024-25, according to Finance and Commerce Adviser Salehuddin Ahmed.
1w ago
Govt may trim budget by Tk 100,000cr
The interim government is planning to revise the national budget for the current fiscal year urgently and cut “wasteful expenditures” in order to alleviate the pressure on the foreign currency reserves and tame persistent inflation.
2w ago
Budget support: Govt hunts for $8b from IMF, other lenders
The government is seeking as much as $8 billion in budget support by December from the development partners, including the International Monetary Fund (IMF), to pay back foreign liabilities and boost foreign exchange reserves.
3w ago
Data anarchy in revenue and expenditure continues
Although the authorities took steps to eliminate mismatches in export data in recent months, discrepancies in the data of revenue collection and expenditure among government agencies continue to persist.
3w ago
September 15, 2024
IMF to assess Bangladesh’s need for fresh loan
An International Monetary Fund (IMF) delegation due to arrive later this month will assess Bangladesh’s potential financial needs as the country sought a fresh $3 billion loan from the multilateral lender.
September 13, 2024
Govt urges China to reduce loan interest, extend repayment period
The government has requested China to lower the interest rates on existing Chinese loans to 1 percent and extend the repayment period to 30 years.
September 12, 2024
Workers’ minimum wage to be reviewed
In an effort to bring normalcy back to the industries, the government will review the workers’ wage through the minimum wage board, the interim government has decided.
September 11, 2024
Bangladesh seeks $3b from ADB, WB
Bangladesh could get $3 billion in budgetary support under an Asian Development Bank (ADB) and World Bank (WB) arrangement for energy and power sector reforms and the upcoming status graduation from a least developed country (LDC) to a developing nation in 2026.
September 9, 2024
Export target set at $57.5b for FY25
Bangladesh aims to increase its merchandise and service exports by about 12.74 percent year-on-year to $57.5 billion in the fiscal year 2024-25, according to Finance and Commerce Adviser Salehuddin Ahmed.
September 1, 2024
Govt may trim budget by Tk 100,000cr
The interim government is planning to revise the national budget for the current fiscal year urgently and cut “wasteful expenditures” in order to alleviate the pressure on the foreign currency reserves and tame persistent inflation.
August 29, 2024
Budget support: Govt hunts for $8b from IMF, other lenders
The government is seeking as much as $8 billion in budget support by December from the development partners, including the International Monetary Fund (IMF), to pay back foreign liabilities and boost foreign exchange reserves.
August 27, 2024
Data anarchy in revenue and expenditure continues
Although the authorities took steps to eliminate mismatches in export data in recent months, discrepancies in the data of revenue collection and expenditure among government agencies continue to persist.
August 23, 2024
Govt to speed up foreign aid utilisation
As foreign aid in the pipeline reached nearly $46 billion at the start of this fiscal year, the interim government will take initiatives to utilise those funds to bolster the country’s foreign currency reserves.
August 22, 2024
Interest payment for foreign loan jumped 162% in Jul-Mar of FY24
Interest payments against foreign loans shot up 162 percent year-on-year in the first nine months of the last fiscal year as debt servicing of loans taken for some mega projects has started.
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