Many digital services exist just in name
People are not getting the maximum benefit from the 761 services the government have digitalised for slow servers and poor internet speed, according to a government evaluation.
14 July 2022
$4.5b loan: IMF team to arrive tomorrow
A delegation from the International Monetary Fund (IMF) is set to arrive in Dhaka tomorrow on a nine-day trip to discuss the government’s request for a $4.5 billion loan in the form of budgetary support.
12 July 2022
Austerity steps okay but more belt-tightening needed: Experts
The government in Bangladesh has already begun enforcing energy and power rationing to contain the surging import cost of gas and fuel oil and turned to austerity measures to save US dollars.
8 July 2022
SMS alert proving beneficial
A large number of households now receive warnings via SMS before a disaster, found a survey.
6 July 2022
Digitalisation in govt services saved time, money: Study finds
The digitalisation of 66 percent of the services offered by six ministries/divisions has saved both time and money of the ordinary people and also ensured service delivery, found a recent study by the Implementation Monitoring and Evaluation Division.
6 July 2022
Austerity measures rolled out as new fiscal year begins
In the end, it was not just lip service. Yesterday, on the first working day of the new fiscal year, the government rolled out a cocktail of austerity measures for its own administration that can conserve about Tk 60,000 crore -- for now.
4 July 2022
National household database: Botched execution leaves it unusable
The long-awaited Tk 727 crore National Household Database that is expected to be delivered later this year will not yield the desired outcome for which the project was implemented, said a recent report of the Implementation Monitoring and Evaluation Division.
2 July 2022
Govt takes aim at wealth stashed abroad
The generous tax amnesty campaign proposed by Finance Minister AHM Mustafa Kamal for those with undisclosed assets abroad has been pared back in the face of harsh criticism from all quarters.
29 June 2022
Pressure on forex reserves: Govt exploring loan of up to $4.5b from IMF
As a precautionary move, Bangladesh has started talks with the International Monetary Fund about taking a loan of $4-4.5 billion to shore up the precarious foreign currency reserves.
28 June 2022
Legalising laundered money to cost even less
The government is likely to bring some changes in its budget proposals, including enabling one of its three offers at legalising laundered money to require even lesser tax payments.
27 June 2022
Forex reserves took no hit from Padma Bridge
In 2012, when the government decided to construct the Padma Bridge using its own resources, many economists feared that Bangladesh’s foreign currency reserves would take a big hit.
26 June 2022
Built by Bangladesh
When it comes to high achievement, it is almost always fuelled by high expectations. Going by that thinking, the much-awaited Padma bridge, whose inauguration takes place today, is gearing to be a high achiever when it comes to economic benefits.
24 June 2022
Use of foreign aid rises, but may miss target
Although foreign assistance disbursement is increasing continuously, the country is still behind its target for this fiscal year.
24 June 2022
Wage hike dwarfed by rising inflation
The wage growth in Bangladesh grew slower than the inflation rate in May, handing a blow to the country’s millions of low-paid skilled and unskilled workers already struggling to make ends meet amid the rising cost of living.
21 June 2022
Natural disasters 2015-2020: Loss, damage rise tenfold
Household loss and damage due to natural disasters saw nearly tenfold increase in 2015-2020 compared to that in 2009-2014, says a report of Bangladesh Bureau of Statistics.
21 June 2022
Inflation rockets to eight-year high
Inflation surged to an eight-year high of 7.42 per cent in May, driven by a hike in food costs, underscoring the plight a majority of the population in Bangladesh is currently experiencing, official figures showed yesterday.
20 June 2022
Govt took profits of Petroleum Corporation, left it in lurch
Bangladesh Petroleum Corporation made huge profits for seven years through import of petroleum at low prices but the government took that money, leaving the BPC ill-equipped to cope with the current international market volatility.
17 June 2022
Bangladeshi individuals, Banks: Deposits with Swiss banks rise 55pc
Funds deposited by Bangladeshi citizens and banks with different Swiss banks witnessed a massive rise of 55 percent to 871 million Swiss francs (CHF), about Tk 8,266 crore, in 2021 compared to the previous year.
16 June 2022
Govt to miss ADP target again
The pace of implementation of development schemes of the government hit a three-year high in May of the outgoing fiscal year with Jatiya Sangsad secretariat topping the list while the Finance Division sits at the bottom.
15 June 2022
Profits of state enterprises fall to 9-year low
The profits of state-owned enterprises in Bangladesh fell to their lowest in nine years, owing to higher commodity prices in the global market and selling of essentials among the poor and low-income groups at subsidised rates.
14 June 2022