Current News

Key contributors to the economy such as small and medium enterprises, farmers and lower-income professionals had gone through their worst-ever crisis because of the first wave of the coronavirus pandemic. The second wave has not spared them either. But the stimulus packages that were unveiled last year with a promise …

The NBFIs’ defaulted loans stood at Tk6,399 crore at the end of December 2019

Finance Minister AHM Mustafa Kamal presided over the meeting

“We need a green recovery from the global pandemic. To achieve sustainable development, capital has to be mobilized for the inclusion of service groups, and capital has to be raised for sustainable financing and supporting innovations. Sustainability needs to be mainstreamed, ensuring market integrity, risk management, and sufficient disclosures.”

The International Monetary Fund (IMF) on Tuesday projected that the global economy will grow by 6 percent in 2021, 0.5 percentage point above the January forecast, according to the latest World Economic Outlook (WEO).

The Trading Corporation of Bangladesh (TCB) has sought necessary support to carry out countrywide open market sales (OMS) of essential commodities through trucks during the ongoing lockdown and ahead of Ramadan, officials said.

The country’s trade deficit rose by 9.49 per cent or $1.02 billion in the July-February period of the current fiscal year 2020-21 mainly due to export earnings contraction.

The falling trend would not sustain owing to the second wave of Covid-19, says experts

The country’s export earnings fell by 0.12 per cent to $28.93 billion In the July-March period of the current financial year 2020-21 from $28.97 billion in the same period of the previous fiscal year amid the COVID-19 outbreak.

The government is going to allocate 12.2% of the total budget in the upcoming 2021-22 fiscal year