Save lives now, all else can wait
Ten months ago, a government-commissioned research report on the fallout of the pandemic-induced shutdown divulged some grim projections: over 1.64 crore people in the country would become new poor in the second quarter of 2020.
26 April 2021
GDP growth target cut again
The government has revised down the GDP growth projection to 6.1 per cent for 2020-21, the second revision this fiscal year, reflecting the devastating impacts of the second wave of the coronavirus pandemic on the battered economy.
25 April 2021
Govt to expand safety net
The government has already provided seasonal assistance to about 10 lakh people living below the poverty line and will expand such social protection programmes to curb the adverse effects of any future economic shock, according to Finance Minister AHM Mustafa Kamal.
24 April 2021
Chemical Warehouses of Old Dhaka: Relocation a far cry
Relocation of the hazardous chemical warehouses from old Dhaka is still a far cry since the government failed to accomplish any of the goals set after the devastating fires in the past decade.
23 April 2021
Food stock now only 4.62 lakh tonnes
With only around 4.62 lakh tonnes of grains in the public food stocks, one of the lowest in years, the government has moved to procure paddy, rice and wheat from local farmers and millers at prices higher than last year’s.
22 April 2021
ADP spending slows in Jul-Mar
The first nine months of the current fiscal year of 2020-21 saw slow implementation of the Annual Development Programme (ADP) with only 41.92 per cent of the total outlay spent till March while development spending declined 3.27 per cent year-on-year.
18 April 2021
Adp Allocations for Health: Even in pandemic, only 21pc utilised
The health services division utilised only 21 percent of their allocations from the Annual Development Programme in the last nine months, said a report of the implementation, monitoring and evaluation division of the planning ministry.
18 April 2021
35 lakh families to get cash aid
The government is going to provide another round of cash assistance to nearly 35 lakh poor families facing income losses and hardship amid the ongoing nationwide lockdown.
15 April 2021
Vaccine Purchase: WB to provide $500m more
The World Bank has agreed to provide $500 million to Bangladesh in additional financing to buy Covid-19 vaccines, but set some conditions regarding the procurement of the shots.
13 April 2021
Pandemic reversing poverty cut: WB
The Covid-19 pandemic has reversed Bangladesh’s steady trend of poverty reduction which had continued over the past two decades, according to a new report of the World Bank.
12 April 2021
Provide food, cash aid to ultra poor
Economists have suggested that the government open a hotline service through which ultra-poor people facing food crisis during “lockdown” can communicate their sufferings and the government can take prompt steps to get food to them.
11 April 2021
Corporate tax may be cut
Finance Minister AHM Mustafa Kamal yesterday indicated that the government may consider reducing corporate tax rates for listed firms in the upcoming budget.
11 April 2021
Solar home systems saved $1.85b in 15 years: WB study
Solar home systems (SHS) saved Bangladesh $1,852 million while providing clean energy for the past 15 years since 2003, says a World Bank survey.
8 April 2021
Rice stock still scarce
Despite taking aggressive measures to import rice in the last three months, the government has so far failed to replenish the country’s depleting grain stocks.
7 April 2021
IMF lifts GDP growth forecast to 5pc
The International Monetary Fund has raised its projection for the economic growth of Bangladesh to 5 per cent for 2021, up from 4.4 per cent it forecast in October.
6 April 2021
Education Crisis in South Asia: Covid to cause $1 trillion losses
The prolonged closure of schools is causing an education crisis that may cost Bangladesh and other South Asian countries over $1 trillion in lost earnings in the long run, according to a World Bank report.
2 April 2021
Covid-19 Vaccination: Effective also in economic terms
An intense and sustained vaccination campaign can play a pivotal role in Bangladesh’s future economic benefits up to more than 10 percent of its current GDP, according to a new report of the World Bank.
31 March 2021
Did remittance really increase in South Asia?
World Bank in its latest twice-a-year regional update has raised question whether remittance flow in the South Asian countries has really increased.
31 March 2021
WB now sees 5.6pc GDP growth
Bangladesh’s gross domestic product (GDP) may grow by as high as 5.6 per cent in the current fiscal year, subject to three factors, said the World Bank yesterday.
31 March 2021
WB now doubles GDP growth forecast
The World Bank has more than doubled its gross domestic product (GDP) growth prediction for Bangladesh for the current fiscal year as the economy shows signs of recovery.
28 March 2021