Rejaul Karim Byron

Bangladeshis’ deposits in Swiss banks rose over 41 percent in 2025 to 834.16 million Swiss francs, which is about Tk 12,751 crore, the highest level in four years.

Bangladesh will need to make substantial progress on domestic reforms aimed at addressing its deep-rooted structural weaknesses if it is to get a three-year extension to the timeline of its graduation from the least-developed country category, said the UN Committee for Development Policy.

The Executive Committee of the National Economic Council (Ecnec) yesterday approved a Tk 4,189 crore project to build supporting infrastructure for the Chinese Economic and Industrial Zone (CEIZ) in Chattogram’s Anwara.

The gas subsidy has more than trebled this fiscal year, along with subsidies for electricity and fertiliser, due to costly purchases from the international spot market as a result of the Iran war.

As much as 43.2 percent of the allocation under the social safety net overhead for the next fiscal year will go towards government employees’ pensions and agricultural subsidies.

The proposed budget for FY2026-27 has earmarked Tk 44,000 crore for partial implementation of the new pay structure for government employees, although the government has yet to specify how it will be rolled out.

Tk 55,000cr additional allocation under public service head

The Asian Development Bank has shortlisted nine projects to fund in 2027 and 10 in 2028 involving a total of $3.8 billion as part of its proposed Integrated Growth Network Development (IGND) initiative.