External debt servicing rises in Q1 of FY ’20
External debt servicing of the government increases by $52 million in the Q1 of this fiscal year compared to that of the same period in the previous fiscal.
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Category: National
Govt. bank borrowing set to jump in December
Dhaka, Bangladesh (BBN) – The amount of bank borrowing is set to jump in December as the...
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Bangladesh inflation rises slightly in September
Bangladesh’s inflationary pressure on the economy increases slightly in September mainly because of rise in prices of both food and non-food items
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Bangladesh’s current account balance returns to surplus
Bangladesh’s current account balance returns to surplus during the first two months of the current fiscal year after three years of negative balance
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BB sees higher NPLs may hamper growth momentum
Dhaka, Bangladesh (BBN)- Managing higher non-performing loans (NPLs) and tight liquidity condition...
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Farm credit disbursement falls by 5.75% in July-Aug
Farm credit disbursement decreases by 5.75 per cent in the first two months of this fiscal year (FY) in the wake of flood as well as seasonal effect
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Inward remittances up by 16.60% in Q1 of FY ’20
The inflow of remittances grew by 16.60 per cent in the Q1 of FY 20 as the government has announced 2.0 per cent incentive for remittance receipts
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Govt’s set BDT13.93b negative bank borrowing target for Oct
The government’s net borrowing from the banking system is set to be negative in October, as it is scheduled to repay over BDT 13billion
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Bangladesh’s economic growth projections for FY ’20
ADB expects the Bangladesh economy to grow at 8.0 per cent during FY ’20, 0.2 percentage points lower than the government’s projection for the same
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BB changes discarded banknote disposal policy
BB changes its policy on disposal of discarded notes, allowing its branch offices to destroy such banknotes with the help of city corporations
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IMF projects GDP growth rate at 7.6% for FY ’20
The International Monetary Fund (IMF) projects that the economy of Bangladesh would grow 7.6 per cent by the end of fiscal year (FY) 2019-20
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Bangladesh’s inflation eases slightly in August
Bangladesh’s inflation eased 13 basis points to 5.49 per cent in August due to downward trend of both food and non-food prices
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