BB backtracks on dollar-buy decision
In a major policy shift prompted by the exigency of stabilising Bangladesh’s foreign-exchange market, the
Revenue reforms key to raising tax-to-GDP ratio
Says former NBR chairman Muhammad Abdul Mazid. Bangladesh’s tax-to-GDP ratio, one of the lowest globally,
Remittances grow 22% to record nearly $27b in 2024
According to data from the Bangladesh Bank, remittances through formal channels totalled $26.67 billion from
RMG exports grow by 6.23pc in 11 months this year
Despite numerous challenges like labour unrest, energy crisis, high interest rate and rising production costs,
Foreign debt servicing tops disbursal amid 91% drop in commitments
Conversely, loan repayments increased by 28.44% Bangladesh received $522.7 million in new loan commitments from
EU garment import rose by 1.43pc in Jan-Oct period
The European Union’s garment import from Bangladesh grew by 1.43 percent in the January-October period,
Remittance dollar hits all-time high of Tk127 signalling economic headwinds
Dollar rate rises Tk4.5 or 3.67% in December The government’s increased efforts to clear overdue
Bangladesh seeks additional $750m from IMF to address economic challenges
IMF also projects FY25 real GDP growth to slow to 3.8% before rebounding to 6.7%
Current account maintaining virtual balance after 4-month of new govt: Cenbank governor
There was a deficiency in the balance of payments, our reserve was falling, and our
IMF loan release may face NPL, capacity payment roadblocks
Disbursement of a US$1.0-billion aggregated tranche from the IMF lending package principally faces NPL roadblocks