Regional & International Economy

The additional funding will also supplement the government’s infrastructure spending to boost the local economy

Asian shares stumbled on Monday and oil prices slipped as fears of a second wave of coronavirus infections in Beijing sent investors scurrying for safe-havens while underwhelming data from China further weighed on sentiment.

US shares ender higher on Friday as buyers stepped in following sharp losses earlier in the day.

Bangladesh Commerce of Industries (BCI) has hailed the proposed budget for the fiscal 2020-21.

The economic fallout from the coronavirus pandemic could inflict “significant scarring” worldwide and the outlook for recovery remains highly uncertain, IMF chief economist Gita Gopinath said Friday.

Amid the growing unemployment and poverty rate during the shutdown period due to COVID-19, economists and businesses urged the government to distribute all stimulus packages properly in the affected sectors.

Global economic growth could rebound next year — but the number of people living in extreme poverty is expected to remain unchanged after a huge surge this year due to the coronavirus pandemic, the World Bank warned Tuesday.

Bangladesh Economic Association (BEA) placed on Monday a Taka 13,96,600 crore alternative budget for the fiscal 2020-21 (FY21) amid at tackling the impact of the COVID-19 pandemic and building Bangladesh with the spirit of the Liberation War.

The coronavirus pandemic inflicted a “swift and massive shock” that has caused the broadest collapse of the global economy since 1870 despite unprecedented government support, the World Bank said Monday.

Amid Covid-19’s adverse impact on the economy, the government is set to announce a budget for FY21. What is your opinion about it?