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Major dev partners follow 'wait and watch' policy amid political transition

Dhaka, Oct. 31 -- At least five key development partners of Bangladesh fid not make any foreign- aid commitment in the first quarter of this fiscal year, as they seem waiting for the next elected gove... Read More


Government to revive Kaptai Lake, dredge surrounding rivers

Dhaka, Oct. 24 -- The government is set to undertake a Tk 6.89-billion project to restore navigability in Kaptai Lake and four surrounding rivers in the Chattogram Hill Tracts, aiming to prevent flash... Read More


MRT line-5 (South): Funds to dry up if project doesn't roll this year, says ADB

Dhaka, Oct. 18 -- The Asian Development Bank (ADB) has inquired about the status of the proposed MRT line-5 (south) as the project has faced a setback in the middle of the approval process, officials ... Read More


Nassa's Tk 40b loan being rescheduled

Dhaka, Oct. 15 -- On an avowed purpose of facilitating production and protecting jobs in beleaguered Nassa Group, the defaulter kingpin's loan worth nearly Tk 40 billion out of its accumulated debts i... Read More


Services export earnings belie vast potential

Dhaka, Sept. 28 -- Bangladesh's export earnings from services have been on a decline over the last three years after a pickup even in the post-pandemic fiscal year, officials say, largely for ignoring... Read More


Bangladesh to seek addl IMF, WB support ahead of LDC graduation

Dhaka, Sept. 26 -- Bangladesh will seek additional financial support from the World Bank (WB) and the International Monetary Fund (IMF) to cushion the economic impact of its graduation from Least-Deve... Read More


$1.44b hard-term loans get govt nod

Dhaka, Sept. 25 -- The standing committee on non-concessional loan approved seven hard-term loans worth US$1.44 billion at its meeting on Wednesday, officials said. This is the largest amount of hard... Read More


ADB unhappy about $11b BD projects down-rated as 'problematic'

Dhaka, Sept. 20 -- Nearly US$11 billion worth of ADB-funded development projects in Bangladesh are up for reappraisal shortly as many of those are down-rated as "problematic" and "slow-going", officia... Read More


Public procurement rules brace for major revision

Dhaka, Sept. 12 -- The government is set to make a major revision in the public procurement rules (PPR), eliminating the existing provision of 10 per cent price cap on the official estimation of any p... Read More


Govt's non-tax revenue up 43pc in 11 months of fiscal year 2024-25

Dhaka, Sept. 3 -- Unlike the tax-revenue incomes, the government's non-tax revenue saw a steep rise until May of the last fiscal year (FY) 2024-25, according to official data. The volume of non-tax r... Read More