Bangladesh’s current account deficit narrows further
Deficit in the current account balance declines significantly in the first seven months of this fiscal on the back of shrinking merchandise trade gap
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Category: National
Bangladesh’s forex reserve falls to $31.99b
Dhaka, Bangladesh (BBN)- Bangladesh has made a routine payment of US$1.15million to the Asian...
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Govt. set net bank borrowing BDT 25.50b in March
The government is set to make a net borrowing of BDT 25.50 billion from the country’s banking system in March to partly meet its budget deficit
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NBR to use real-time exchange rate for customs valuation
NBR is set to introduce real-time currency exchange rates for determining the value of import and export goods for the purpose of customs assessment
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Addl. $7.8b needed to halve road crash fatalities: WB
Bangladesh needs to invest an additional amount of $7.8 billion over the next decade to halve its road crash fatalities,World Bank (WB) has said
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Remittances grow 21.44% in seven months of FY ’20
Inward remittances grew by 21.44 per cent in the first seven months this fiscal as the government provides incentive to the beneficiaries against remittances
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Govt’s net bank borrowing may cross BDT 600b this fiscal
Government bank borrowing may well cross the BDT 600 billion mark at the end of this fiscal due to lower revenue collection along with minimal sale of NSCs
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Tax receipts 23% short of H1 target
Collection of tax revenue by the NBR fell short of the target by 23.05 per cent in the first half (H1) of this fiscal due to sluggish economic activities
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Govt. bank borrowing crosses BDT 500b
The government’s net bank borrowing crosses BDT 500 billion until middle of this month, compelled by the need for meeting budget deficit
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HC appoints Ibrahim Khaled as new chairman of ILFSL
The HC appoints Khondkar Ibrahim Khaled, former central bank deputy governor, as an independent director and chairman of the trouble-torn ILFSL
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Farm credit disbursement grows by 5.56% in H1
Farm credit disbursement grew by 5.56 per cent in the first-half of this fiscal year (FY) as demand for such loan has been picked up due to seasonal effects
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Bangladesh’s inflation may rise in H2 of FY ’20
Inflationary pressures on economy may intensify in the coming months as BB has increased the money supply target for the second-half of this fiscal
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