For new loan, IMF may seek deadline for fixing weak banks
2 HOUR(s)
The International Monetary Fund (IMF) is likely to seek time-bound measures to resolve problems in vulnerable banks and set specific targets and deadlines for domestic revenue collection as conditions for a new loan programme, according to government officials.
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Talks with IMF for new loan to continue in Bangkok
8 October 2026
Talks with the International Monetary Fund on a new loan programme worth up to $5 billion are set to continue next week in Thailand on the sidelines of the 2026 annual meetings of the IMF and the World Bank.
8 October 2026
Manufacturing, services lift Apr-Jun GDP growth to 4.6%
8 October 2026
Industrial production grew 6.52 percent in the April-June quarter, compared with just 0.92 percent in the same period a year earlier
8 October 2026
6.2cr people one shock away from poverty: WB
7 October 2026
Nearly 6.2 crore people in Bangladesh are currently living just one economic shock away from falling below the poverty line, the World Bank has warned, as persistently high inflation and severe energy shortages reverse years of hard-won economic gains.
7 October 2026
Time for urgent, bold reforms
7 October 2026
Bangladesh needs urgent and bold reforms in the financial, energy and revenue sectors to arrest the economic slowdown, restore investor confidence and create jobs, said the World Bank yesterday.
7 October 2026
Growth to stay below 4% until FY28 on energy, banking woes
7 October 2026
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.
7 October 2026
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
IMF projects 7.6pc GDP growth this fiscal year
The International Monetary Fund (IMF) has projected Bangladesh’s economic growth to be 7.6 percent this fiscal year, which is 0.6
24 August 2019
Govt’s borrowing from banks almost half of its plan
The government’s bank borrowing last fiscal year was almost half of what it had planned to, thanks to its lower development expenditure and higher sales of national savings certificates, much to the relief of the cash-strapped banking sector.
17 August 2019
High growth, fewer jobs
Bangladesh’s tremendous economic growth has been unable to create jobs proportionately over the past decade, raising questions about the significance of the growth for a large section of the population.
16 August 2019
Record foreign aid in the pipeline
Foreign aid in the pipeline surged to a record $48.11 billion at the end of the last fiscal year and Bangladesh, despite spending more of the committed money, keeps on failing to reach its targets of utilisation.
27 July 2019
214km Dhaka-Sylhet Highway: ADB to fund its expansion into four lanes
The impasse over financing of the expansion of 214-kilometre Dhaka-Sylhet Highway into four lanes is likely to end soon, as Asian Develop-ment Bank has given “consent” to fund the project, officials said.
24 July 2019
10 Mega Projects: Five pick up pace, finally
After initial delay, half of the 10 first track mega projects have finally gotten some momentum, ushering hope for positive change in the country’s economy and people’s livelihood.
21 July 2019
China-funded Projects: Joint body to probe slow pace
A joint working group will be formed to probe the slow progress of the 27 projects involving around $20 billion that China had agreed to provide during President Xi Jinping’s Dhaka visit in October 2016.
17 July 2019
Govt formulates strategy to raise revenue collection
The government has devised a strategy to ramp up revenue collection by Tk 60,000 crore in the new fiscal year in order to help the National Board of Revenue (NBR) reach its tax mobilisation goal.
11 July 2019
Subsidy burden gets heavier
The government’s subsidy expenditure has soared 29.36 percent to Tk 46,385 crore this fiscal year largely due to its concessions on demands from pressure groups.
7 July 2019
India-funded $7.5b projects move at snail’s pace
Projects involving about $7.5 billion under the three Indian lines of credit are progressing slowly owing to lengthy processes in land acquisition, change in design and delays in hiring consultants and document preparation.
4 July 2019
No handouts for state banks last fiscal year
State banks did not get a single penny from taxpayers in the just concluded fiscal year to make up their capital deficit, in a clear sign from the government of its intent to stop pampering the errant lenders.
3 July 2019
MPO spending tops Tk 15,000cr
With around 3,000 more educational institutions coming under the monthly pay order scheme anytime soon, the government has proposed to allocate Tk 15,001 crore this fiscal year for salaries of all the teachers and staff on the MPO list.
3 July 2019
Banks to transfer incentive to accounts of remitters
Banks will transfer incentive to the bank accounts of remitters or their beneficiaries like they do in case of exporters as the maiden
1 July 2019
Swiss Banks: Bangladeshis’ deposits rise to Tk 5,341cr
Bangladeshis’ deposits in Swiss banks increased by 28.33 percent year-on-year in 2018 to 617.72 million Swiss francs or Tk 5,341 crore, according to the Swiss National Bank (SNB).
27 June 2019
Chemical warehouses to be temporarily moved to Gazipur
The government is going to shift chemical warehouses of Old Dhaka to Kathaldia in Gazipur’s Tongi temporarily, as the long-time plan to set up a permanent hub will take time.
16 June 2019
Public enterprises incur Tk 4,325cr losses
After a span of five years, state-owned enterprises jointly incurred a loss in the outgoing fiscal year largely because of Bangladesh
12 June 2019
Three major challenges
Former finance minister AMA Muhith has said his successor faces three major challenges: increasing the size of the national budget, realising more revenue and improving the banking sector.
11 June 2019
Less ambitious, more realistic
In a break from the past, Finance Minister AHM Mustafa Kamal will set a more realistic revenue income target in his maiden budget, but may shy away from undertaking some much-needed economic reforms.
11 June 2019
Govt’s bank borrowing to soar 77pc
The government may bump up bank borrowing by as much as 77.32 percent to Tk 54,800 crore for financing the budget deficit in fiscal 2019-20 as it looks to reduce overdependence on saving instruments.
11 June 2019
Tax holiday may continue for infrastructure, industries
The government is likely to extend the tax exemption benefit on income from investment in infrastructure and industries in lagging regions for five years to encourage private investment and job creation.
10 June 2019