Dhaka July 6, 2025, 4:09 am
Bangladesh Bank in its new monetary policy has predicted that the just-concluded FY22 fiscal’s trade deficit might be a record $33.20 billion as import growth is much higher that export growth
Many people along with their family members and relatives came to visit the largest structure of the country from different parts of the country which has become the symbol of the nation’s dignity and ability
As part of the import monitoring framework, banks will now be required to report all types of foreign exchange transactions, including those of offshore banking operations
Natural gas supply to power plants has dropped to four-year low as Bangladesh suspends import of around 250mmbtu Liquefied Natural Gas (LNG) from costly international market
The main aspects of this action plan are to ensure the country's food security through increased production of all types of crops including paddy and maize
The drop has been attributed to Bangladesh Bank's import payments of $1.99 billion last week to the Asian Clearing Union (ACU)
The new governor also stressed the need for bringing back stability in the foreign exchange market by stabilising the exchange rate between the Taka and the US dollar
Bangladesh revenue authority expects Tk 20b in taxes thru whitening Tk 300b
RHD project taken to maintain the highway is not enough to tackle the traffic and that if the steps are not taken immediately, the corridor may get saturated again and cause suffering to hundreds of thousands of users
The IMF has recently offered Bangladesh US$6.8 billion worth of policy support credit in the next few years to tackle the income-expenditure gap in the national budget
The BB came up with the move to raise import costs and check pressure on the forex reserves
The government is focusing on widening tax net by addressing the yet untapped potential
Bangladeshis staying abroad sent home over $21.03 billion in the just-concluded fiscal compared to more than $24.77 billion in the FY 2020-21
MoF issues circulars deferring funding of unimportant projects
Highlighting M&A prospects in corporate finance, stakeholders say a more streamlined process and simple codified system in line with the international best practice will help court foreign investors
Bangladesh has already started widening of its all the national highways and cross-border economic road corridor. A huge amount of financial support is required in the coming years
The highway linking Padma Bridge has the potential to grow more as it will connect three ports--Mongla seaport, Payra seaport and the Benapole land port. Besides, it will be a part of the Asian Highway
The title of the budget for the next fiscal year is "Return to the Path of Development; Leaving the COVID-19 Behind"
Taming inflation, stabilising forex reserves key targets
Export oriented sectors, including readymade garment (RMG), jute and jute products, will get the amount
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