Dhaka June 17, 2025, 1:21 pm
Development partners made a commitment of only $254.57 million worth of foreign assistance but disbursed $1.20 billion in loans and grants during the first four months of fiscal year (FY) 2024-25
With no investment in the country’s private sector in the last six months, there is still instability in the financial sector
Bonds would be issued to gradually mop up the lent sum, and check inflation growth
The outcomes of the white paper will also be shared with the media on Monday at a press briefing
But political instability, among other factors, causes revenue shortfall, reduced job opportunities, sluggish investment
Economic Relations Division (ERD) Secretary Md Shahriar Kader Siddiky and German Ambassador Achim Tröster signed the agreement on behalf of the two governments on 28 November
MoU was also signed between the two countries as part of the initial step for signing the EPA on trade and investment and infrastructure development
The tenure of the current fund is set to expire in February next year
The $100 billion annual pledge made over a decade ago to support vulnerable regions remains unmet. This failure has eroded trust between developed and developing nations
To this end, the central bank on Wednesday issued a circular
According to an official document, the collection of the NTR in the 2023-24 fiscal was Tk 49,000 crore while the actual target was Tk 50,000 crore
The regulatory move comes as the banks have faced difficulties in payback to the depositors following reported massive loan-related irregularities during the Sheikh Hasina government
Last time, 43 international LNG suppliers submitted their Expression of Interest (EoI) and finally 22 companies got the chance to get into the short list of suppliers
The chief adviser made the call when over a dozen chief executive officers, managing directors, and country heads called on him at the State Guest House Jamuna to discuss business and investment opportunities in Bangladesh
Ichiguchi Tomohide, chief representative of the JICA Bangladesh office, and Md Shahriar Kader Siddiky, secretary of the economic relations division, signed the agreement on behalf of their respective sides
State-run Petrobangla has cancelled the negotiations in line with directives from the Energy and Mineral Resources Division under the Ministry of Power, Energy and Mineral Resources
Since Bangladesh needs to procure LNG to meet the local fuel demand, the government has to clear huge bills for the purpose
As per the data, the average daily remittance received was $75 million dollars
Registrations cross 12.5 lakh mark
The government must engage more closely with business stakeholders to foster a business-friendly environment and create frequent dialogue opportunities
