Sales of NSCs fall drastically in FY ’20
Net sales of the NSCs fell drastically in fiscal year, 2019-20, mainly due to the automation of the selling process along with the ongoing Covid-19 pandemic.
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Category: National
Non-bank borrowing target cut 50% on NSC sales slump
Bangladesh government slashs its non-bank borrowing target by 50 per cent to BDT 150 billion to finance the budget deficit of the current fiscal year
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Bangladesh’s forex reserve falls to $32.42b
Bangladesh has made a routine payment of US$650 million to the Asian Clearing Union (ACU) against imports during the March-April period of 2020
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Bangladesh reports 10 more deaths, 390 new cases from Covid-19
Bangladesh on Wednesday reports 10 more deaths from the novel coronavirus (COVID-19) and 390 fresh positive cases overnight
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AIIB approves $170m loan to improve sanitation services in Bangladesh
AIIB,approves a $170 million loan to Bangladesh to accelerate the country’s efforts to deliver improved sanitation services to underserved communities
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Bangladesh reports 15 more deaths, 266 fresh cases from COVID-19
Bangladesh on Friday reported 15 more deaths from the novel COVID-19, the highest so far in a single day, and 266 fresh positive cases overnight
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IMF Projects 2.0% Growth for Bangladesh in 2020
IMF projects that the economy of Bangladesh would grow by 2.0 per cent in 2020 mainly due to the global coronavirus pandemic
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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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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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