Economy

Bangladesh Bank has received $115 million for the third installment of the International Monetary Fund (IMF) loan. This amount has already been added to the foreign exchange reserves of Bangladesh Bank. As a result, the country’s foreign exchange reserves have increased to 22 billion dollars. Bangladesh Bank spokesperson and executive director Majbaul Haque told the…

Road Transport and Bridges Minister Obaidul Quader said that since the inauguration of the Padma Bridge, Tk 1,631,86,53,450 tolls have been collected so far. He said this in response to a star-marked question by government party member Farida Yasmin tabled in Parliament today. In response to the pointed question of another member of the government…

Bantra and Jute Minister Jahangir Kabir Nanak said that currently more than 84 percent of Bangladesh’s export income is the main driving force of the country’s economy from the garment industry. He said this in response to a written question of Independent Member of Parliament Md. Khosru Chowdhury presented on the table in the National…

Bangladesh has received USD 115 million in the third tranche of the International Monetary Fund (IMF) loan. Besides, Bangladesh has received another 90 million dollars of various financial aid loans from South Korea, World Bank and Islamic Development Bank (IDB). A total of $201 million in loan assistance has been added to the country’s foreign…

Staff Reporter: Due to the government’s wrong policies, the continuing losses of the Power Development Board (PDB) will increase by 196 percent to 18 thousand crore rupees by 2025. Even after the increase in electricity prices and government subsidies, the company will incur huge losses. Research Director of CPD, Khandkar Golam Moazzem, gave this information…

The prices of food and daily commodities have been increasing in Bangladesh for the past few years. Last May, the food inflation rate crossed double digits. Last month this rate was 10.76 percent. According to data from the Bureau of Statistics, overall inflation besides food rose to 9.89 percent. The effect of this price inflation…