Govt asks ministries to brace for further belt-tightening in budget
Last week, the finance division issued a circular asking all ministries and divisions to send by April 29 their budget proposals for 2024-2025 and their expenditure plans for the following two financial years to help prepare the midterm budgetary framework.
4d ago
Uninterrupted power in summer: Energy ministry seeks dollars, unpaid subsidy
The ministry of power, energy and mineral resources has sought the undisbursed subsidy at the earliest to continue with uninterrupted electricity supply during the summer months.
5d ago
New budget to set 10 priorities to steady economy
The government plans to design a Tk 7,96,900 crore outlay in the new budget with a focus on tight spending policy as economic headwinds are expected to persist in the next fiscal year.
1w ago
Govt’s interest expenses jump 26% in 6 months as funds get costlier
The interest costs for domestic loans increased 13.58 percent to Tk 42,313 crore while the same for foreign credits surged 195.81 percent to Tk 7,910 crore.
1w ago
Window for easy loans narrowing
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
2w ago
3.77cr suffered food insecurity last year
Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.
3w ago
Private Sector External Debt: Repayments outstrip new loans in 2023
The private sector's short-term foreign debt repayment surpassed new loans in 2023, in a complete reverse of the trend seen in previous years.
Seven hurdles that are holding back timely completion of foreign-funded projects
The Planning Commission has identified seven hurdles standing in the way of the smooth implementation of foreign-funded projects, a move that may go on to help the government avoid unnecessary delays and save money.
April 8, 2024
Govt asks ministries to brace for further belt-tightening in budget
Last week, the finance division issued a circular asking all ministries and divisions to send by April 29 their budget proposals for 2024-2025 and their expenditure plans for the following two financial years to help prepare the midterm budgetary framework.
April 7, 2024
Uninterrupted power in summer: Energy ministry seeks dollars, unpaid subsidy
The ministry of power, energy and mineral resources has sought the undisbursed subsidy at the earliest to continue with uninterrupted electricity supply during the summer months.
April 5, 2024
New budget to set 10 priorities to steady economy
The government plans to design a Tk 7,96,900 crore outlay in the new budget with a focus on tight spending policy as economic headwinds are expected to persist in the next fiscal year.
April 2, 2024
Govt’s interest expenses jump 26% in 6 months as funds get costlier
The interest costs for domestic loans increased 13.58 percent to Tk 42,313 crore while the same for foreign credits surged 195.81 percent to Tk 7,910 crore.
March 24, 2024
Window for easy loans narrowing
Bangladesh’s access to cheap loans is closing in with its rising per capita income, making foreign borrowing costlier.
March 18, 2024
3.77cr suffered food insecurity last year
Around 3.77 crore people experienced moderate to severe food insecurity in 2023, according to a survey by Bangladesh Bureau of Statistics.
March 12, 2024
Private Sector External Debt: Repayments outstrip new loans in 2023
The private sector's short-term foreign debt repayment surpassed new loans in 2023, in a complete reverse of the trend seen in previous years.
March 11, 2024
Seven hurdles that are holding back timely completion of foreign-funded projects
The Planning Commission has identified seven hurdles standing in the way of the smooth implementation of foreign-funded projects, a move that may go on to help the government avoid unnecessary delays and save money.
March 8, 2024
Moody’s Report: Banking outlook revised to stable from negative
US rating agency Moody’s Investors Service yesterday changed its outlook for Bangladesh’s banking system to stable from negative, which will relieve the central bank boss of stress.
March 4, 2024
Fuel oil price may decrease once automated pricing kicks in
The government is going to start implementing the newly-formulated mechanism for setting fuel prices in line with global market rates by the end of this month and officials of the energy and finance division believe prices may reduce after the first adjustment.
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