IMF agrees to lend $1.15 billion to Bangladesh in third tranche
The International Monetary Fund (IMF) has agreed to provide $1.15 billion to Bangladesh in the third instalment under its multi-billion-dollar loan programme. An IMF team reached a staff-level agreement with the government of Bangladesh on the policies needed to complete the second review under the ECF/EFF/RSF arrangements, the global lender said in a press release today. The…
Flood situation unchanged, road communication with Sajek and Langdur closed
The flood situation of Dighinala in Khagrachari is still unchanged. The people of 20 villages of Merung Union are still waterlogged. In addition, the water in 5 villages of Kabakhali Union has not yet receded. Apart from this, road communication with Longdu in Rangamati has been stopped in the headquarters area of Dighinala-Longdu road. Merung…
Bangabandhu Bridge sets new record in toll collection
Toll collection of 12am Thursday to 12am Friday The Bangabandhu Bridge Authority has achieved a new record in toll collection during the Eid-ul-Azha journey. Over the past 24 hours, from 12am Thursday to 12am Friday, a total of 53,708 vehicles crossed the Bangabandhu Bridge, generating Tk38,063,400 in tolls. This surpasses the previous record of Tk36,032,400…
Next year, the loss of the Electricity Development Board will stand at 18 thousand crores — CPD
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…
