Regional & International Economy

The government will pay an estimated Tk 2,256.7 billion as interest on loans in the next three fiscals including the current one.

Donors have agreed on the replenishment in excess of $4 billion for the Asian Development Bank’s (ADB) Asian Development Fund (ADF) 13 and Technical Assistance Special Fund (TASF) 7, for a four-year period from 2021 to 2024. The total size of the replenishment represents a 7 percent increase in comparison …

The US dollar fell across the board on Wednesday as expectations grew that the US central bank may hint at more policy action, while the Chinese yuan vaulted to its highest level since May 2019, reports Reuters.

The contribution of Bangladesh Export Processing Zones Authority (BEPZA) in national export has increased in the fiscal 2019-20.

The US budget deficit has hit a record high of more than $3tn (£2.3tn), driven by the government’s massive spending on coronavirus relief.

Korea was the 9th largest ODA provider to Bangladesh in 2018 with a total disbursement amount of $69 million

India’s economy posted its steepest contraction on record in the April-June quarter of the current fiscal year as the strict lockdowns imposed to ward off the spread of the deadly coronavirus infection stalled economic activity, shut out consumption and investment and led to job and income losses.

Japanese Ambassador to Bangladesh Naoki Ito on Thursday said the largest Japanese investment of Asia will come at the Japanese Economic Zone (EZ) at Araihazar under Narayanganj district.The Japanese envoy made the remark while exchanging views with Commerce Minister Tipu Munshi at his ministry at the secretariat in the city, …

The country’s foreign exchange reserve exceeded the $39-billion mark for the first time on Tuesday as the inflow of remittance remained upward in the first two months of the fiscal year along with gradual improvement in export earnings.

The country’s trade deficit narrowed by 91.89 per cent or $975 million in July, the first month of the current fiscal year 2020-2021, as exports soared and imports dropped amid stagnation in local investment.