Dhaka April 30, 2025, 3:59 am
With growing determination and willingness, both sides, despite the odds presented by the global economic situation, have moved forward to add new momentum to the economic ties
Bangladesh is under pressure of geopolitical conflict for the first time. Its negative impact has not yet hit the economy. But the economy is under pressure. In this case, steps should be taken with caution
This move also mirrors the strengthening economic ties between the neighbouring countries and the innovative introduction of Taka-Rupee in cross-border transactions
AHM Mustafa Kamal told the reporters after having a meeting with a Jica delegation
They expressed the interest while meeting with officials of the Bangladesh Bank (BB) at its headquarters in the city
Exporters raked in $55.56 billion during the fiscal year, marking a 6.67 percent increase from the previous year and setting a record for the highest export revenue in the nation's history
The revenue target is set at Tk5 lakh crore, while the budget deficit is Tk2,61,785 crore or 5.2% of GDP. The average inflation in the budget was kept at 6.0pc
The first instalment of the 44th Japanese Yen Loan Package is 30 billion yen (approximately USD 209 million)
Sharifa Khan, Secretary, Economic Relations Division (ERD) and Jiangbo Ning, ADB Deputy Country Director for Bangladesh signed the agreement on behalf of their respective sides
Finance Minister AHM Mustafa Kamal moved the Bill and it was passed in the house by voice vote
The Secretary of Social Welfare, Jahangir Alam, lauded Prime Minister Sheikh Hasina for expanding the coverage of the social safety net to improve the livelihood of marginalized communities
The significant reform actions include: Revenue Mobilisation, Improved Expenditure Management, Monetary and External Sector Management, Financial Market Regulation and National Income Accounts, according to a budget document
The 9.83 km long bridge, including a 6.15 km main bridge, has connected 21 districts of the South Western region to Dhaka and beyond, creating an unprecedented surge in economic activities
The import of electricity is part of Bangladesh's efforts to secure its energy needs
As per the new agreement, the OQT, the Omani state-owned company, will supply LNG 0.25-1.5 million metric ton per annum (MTPA) to Bangladesh over 10 years from 2026
Foreign Minister Dr AK Abdul Momen has said Bangladesh will welcome if BRICS invites Bangladesh formally to join the group of five member states - Brazil, Russia, India, China and South Africa
BB will transition from a monetary targeting to an interest rate targeting framework
This comes amid an acute dollar shortage and a precipitous decline in reserve money which has seen the nation’s foreign reserves dip below $30 billion after losing nearly $12 billion in the span of a year
As per the proposed law, income tax officers cannot fix income tax as per his/her wish and income tax will be determined according to the formula prescribed by law
Former Bangladesh Bank Governor Atiur said this at a seminar in Kolkata organised jointly by the Insurance Institute of India and Kolkata, Insurance Institute on Tuesday
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