According to Fitch Ratings Bangladesh's revenue-GDP ratio is a third of the median seen in the countries that have the same credit rating, highlighting the country's weak capacity to finance development and support growth, according to American cre ...
Interest rate cap withdrawal to affect investment: FBCCI
If the bank interest rate cap is withdrawn and left to be decided by the open market, inflow of investment will be affected, said Md Jashim Uddin, president of the Federation of Bangladesh Chambers of Commerce and Industry (FBCCI) yesterday. Howe ...
Higher growth not possible without healthy forex reserve Says AmCham chief
No significant economic growth is possible in Bangladesh without a satisfactory level of foreign exchange reserves, said Syed Ershad Ahmed, president the American Chamber of Commerce in Bangladesh (AmCham), yesterday. So, instead of restricting i ...
Private sector’s foreign loan repayment to drop 42% in 2023
Projects central bank; economists say it might not bring major relief The Bangladesh Bank has projected that loan repayments against mid- and long-term foreign credits secured by the private sector might fall by 42.6 per cent in 2023, but the devel ...