Rejaul Karim Byron

IMF lowered Bangladesh's GDP forecast for FY26 to 4.9 percent, down from its June projection of 5.4 percent

Interest payments, subsidies push expenses up; new bank recapitalisation may add pressure

Bangladesh spent a record Tk 134,430 crore ($15.7 billion) on interest payments in FY 2024-25

Once the new bank is launched, depositors will get a maximum of Tk 2 lakh from the deposit insurance fund.

Governor Ahsan H Mansur outlined the draft amendments to the Bangladesh Bank Order 1972

Bangladesh’s fresh foreign loan commitments soared by more than 33 times in the first quarter of the current fiscal year (FY), although the amount still remains well below the borrowing ceiling recently set by the International Monetary Fund (IMF).

The International Monetary Fund (IMF) has begun a dual-track assessment of Bangladesh, combining the fifth review of its $5.5 billion loan programme with a comprehensive annual audit of the country’s economy under Article IV obligations...In its initial meeting with Finance Secretary

Bangladesh is expected to receive the sixth instalment of $450 million in January

Bangladesh and Pakistan yesterday agreed to expand economic cooperation by exploring new trade opportunities and enhancing direct connectivity through shipping links and air services.

In terms of intermediate goods, LC opening rose by 1.59% during the period

An IMF mission is expected to visit Bangladesh this month

The interim government is examining the scope for partially implementing the new pay scale for public sector employees.

The move comes as BHBFC struggles to meet demand due to fund shortages

The sixth instalment of International Monetary Fund’s (IMF) loan programme of $4.7 billion may not arrive by the end of the year, as the donor agency wants to work with the new political government for smooth continuation of reform programmes.

The government is considering providing Tk 1,000 crore to the Investment Corporation of Bangladesh (ICB) through the revised national budget to mitigate its liquidity crisis and ensure stability in the stock market.

Bangladesh Bank to issue gazette soon on post-merger payout

The bank, however, noted headwinds from global trade shocks, persistent inflation

Merged lenders to be named United Islami Bank; ordinances on bank merger and depositor insurance to be placed at advisory council meeting today

An IMF mission is scheduled to arrive in Dhaka on October 29 for a two-week review of progress made until June.

As of December 2024, the top 20 borrowers owed Tk 85,444 crore