Growth to stay below 4% until FY28 on energy, banking woes
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Bangladesh is yet again set to register weak economic growth of 3.4 percent in the current fiscal year, according to the World Bank, marking a fourth straight year of slowing growth amid a deepening energy crisis, financial sector vulnerabilities and global uncertainties.
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Banking rot, energy crisis to choke growth: WB
6 October 2026
Escalating conflict in the Middle East has exacerbated pre-existing domestic vulnerabilities
6 October 2026
442MW Rampal solar power plant to get nod
6 October 2026
The government is set to construct a 442MW solar power plant at a cost of Tk 2,498 crore on the remaining land acquired for the coal-fired power plant in Rampal.
6 October 2026
Surplus liquidity at banks past Tk 4 lakh crore
5 October 2026
Surplus liquidity in the banking sector surged 45 percent over the past year to cross Tk 4 lakh crore, but the vast majority of the funds are parked in government treasury bills and bonds rather than trickling into private sector credit, according to a central bank report.
5 October 2026
Govt employees will get hiked pay this month, MPO teachers won’t
5 October 2026
Government officers and employees will receive four months’ salary under the new pay scale, including three months’ arrears, in the last week of this month, but teachers and staff under the MPO scheme, along with judges and judicial service employees, will have to wait longer.
5 October 2026
After 11 years, BPC gets Tk 4,500cr loan to buy fuel
30 September 2026
After an 11-year gap, the government is set to provide Bangladesh Petroleum Corporation (BPC) with a Tk 4,500 crore interest-free loan to help ensure uninterrupted fuel supplies.
30 September 2026
Govt eyes up to $1b from sovereign bond debut
27 September 2026
The government is considering issuing a sovereign bond of up to $1 billion to the international capital market to diversify its funding sources.
27 September 2026
45% of FY27 power, LNG subsidies spent in just 3 months
26 September 2026
The government had budgeted Tk 42,000 crore for electricity and LNG subsidies in the ongoing 2026-27 fiscal year, but it has already released nearly Tk 19,000 crore in the first three months.
26 September 2026
Lifting private investment would be a tall order
The government is aiming to lift private investment to GDP ratio to a record 25.3 per cent this fiscal year although the coronavirus-induced uncertainty showed no signs of abating and structural challenges are largely unaddressed.
26 July 2020
6.53cr Bangladeshis need assistance: UN
Nearly 6.53 crore poor people in Bangladesh should receive time-bound temporary cash payments to cope with the worst impacts of Covid-19 pandemic, according to the United Nations.
24 July 2020
Budget deficit to go through the roof
Bangladesh’s budget deficit may shoot to as high as 10 per cent of the GDP in the current fiscal year as the government would have to keep spending more to tackle the brunt of the coronavirus pandemic amid a drastic fall in revenue generation, the World Bank said.
23 July 2020
Govt makes setting up single-member companies easier
The government has brought in a major amendment to the Companies Act allowing setting up of single-member companies, a move that is expected to give a boost to entrepreneurship, draw investors and support the growth of SMEs.
22 July 2020
Revenue collection did not stutter badly last fiscal year as feared
The two-and-half-month-long countrywide general shutdown was supposed to cause a massive dent to the state’s coffer as the economic locomotive was effectively chained to its track in the station.
21 July 2020
Foreign aid use hops over to a new high
Foreign aid disbursement rose more than 28 per cent to $8 billion in the just-concluded fiscal year riding on the increased flow of budget support from development lenders to help Bangladesh ride out the coronavirus pandemic.
20 July 2020
Govt cuts back on travel expenses to free up funds for priority sectors
The government has gone one step further to tighten its belt amid drying up of revenues as it suspended 50 per cent budgetary allocation for the expenses for both foreign and local tours of officials and banned all routine travels.
19 July 2020
Apparel-makers pursue another round of low-cost loans
Pandemic-hit apparel exporters have sought continuation of low-cost loans from the government for three more months to help them pay wages to workers as the sector is struggling to stay afloat.
16 July 2020
Tk 40,000cr low-priority projects to be pushed back
The government has decided to put a hold on the implementation of low-priority development projects involving Tk 40,000 crore to free up funds for the productive sectors amid widening revenue shortfall.
15 July 2020
Farm mechanisation gets a big push from govt
The government yesterday approved a Tk 3,020 crore project -- the biggest ever scheme for farm sector -- to provide price support to farmers in purchasing agricultural machinery.
14 July 2020
Decent development spending amid extenuating circumstances
Sometimes, one just needs to resign to reality.
14 July 2020
To cut costs, govt suspends buying vehicles for 2020
The government has decided not to purchase new vehicles under all operating and development expenses for the rest of 2020 as part of its austerity measures in face of falling revenues owing to the coronavirus pandemic.
9 July 2020
Two-thirds of poor families yet to receive Tk 2,500 cash support
A staggering two-thirds of the 50 lakh poor families hit hard by the coronavirus pandemic are yet to receive Tk 2,500 each in cash support because of the flawed list although they have been languishing in poverty for the last three months.
8 July 2020
Food Aid Before Eid: Free rice for 1 crore poor
The government is set to distribute 10-kilogramme rice for free to each of over one crore “ultra-poor and destitute families” ahead of Eid-ul-Azha.
7 July 2020
Wage growth pitches to five-year low
Wage growth slowed to a five-year low in the just-concluded fiscal year driven by the income loss in the manufacturing and services sectors as the coronavirus pandemic-induced shutdown wiped out livelihoods of a major portion of the population in the last quarter.
7 July 2020
Khulna-Mongla Rail Project: Sad tale of delays, cost escalation
When the government approved the Khulna-Mongla Port Rail Line project in December 2010, construction of the 64.75km rail line was supposed to be completed within December 2013.
6 July 2020
Can the massive forex reserves bankroll large projects?
The government is revisiting the idea of using currently healthy foreign currency reserves boosted by the drastic fall in imports and injection of budget support from external sources to bankroll major projects.
6 July 2020
Inflation overshoots target last fiscal year
Inflation ended the just-concluded fiscal year at 5.65 per cent, slightly overshooting the government’s target of 5.5 per cent, owing to the dragging supply chain disruption caused by the pandemic-induced shutdown.
6 July 2020
Govt to set up company to salvage soured loans
The government now plans to set up a state-run corporation to buy and trade distressed loans off banks as part of its efforts to clean up the financial sector.
5 July 2020
Govt looks to simplify rules as FDI plummets 13.8pc
Gross inflow of foreign direct investment to Bangladesh fell 13.8 per cent to $3.73 billion in the first 11 months of last fiscal year, largely owing to the coronavirus pandemic, which came as a shock to foreign investors.
4 July 2020