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Interest payments consuming most part of govt budget

Dhaka, March 8 -- Interest payments on government's domestic and foreign borrowings emerge as the highest actual expenditure as percentage of budget spending in the first half of this fiscal year, com... Read More


Stabilisation fund within BB reserves stock planned

Dhaka, March 1 -- Bangladesh Bank now plans to establish a stabilisation fund within its gross foreign -exchange reserves to forestall any volatility on the forex market. The move comes amid rising c... Read More


India's trade surplus with Bangladesh 3rd-highest

Dhaka, Feb. 14 -- Bangladesh has emerged as the country with which India has the third-highest trade surplus, with the latter's exports to the former being significantly more than its imports. Over a... Read More


Contract farmers face hefty losses after tomato harvest

Dhaka, Jan. 29 -- Standing on his sprawling 75-bigha (approximately 19 hectares) tomato farmland in Godagari, Rajshahi, Md Ifetkhar Ahmed, a nationally awarded farmer (2007), speaks on a frustrating n... Read More


Bangladesh's trade deficit with China rises by over 1.0pc

Dhaka, Jan. 25 -- Bangladesh's trade deficit with China increased marginally by over 1.0 per cent to US$16.45 billion in the last fiscal year ending on June 30, compared to the same period a year earl... Read More


BB's USD sales to banks dip 89pc in H1 FY25

Dhaka, Jan. 22 -- The Bangladesh Bank's dollar sales to commercial banks fell significantly during the July-December period of this fiscal year compared to the same period in FY24, according to a cent... Read More


Current account deficit falls 35pc in FY24

Dhaka, Jan. 16 -- Bangladesh's current- account deficit under the balance of payments narrowed to Tk 698.81 billion at the end of FY24, a significant improvement from the Tk 1.085-trillion deficit rec... Read More


Special bonds dictate government's FY24 domestic borrowing

Dhaka, Jan. 10 -- Special bonds, issued to pay mainly fertiliser importers, formed the bulk portion of the government's domestic borrowing in FY24, according to official documents. The government iss... Read More


All external transaction accounts on a rebound

Dhaka, Jan. 9 -- Bangladesh's economy is set on a rebound with all its external transaction accounts showing an upswing pivoted by a surge in remittance, robust export growth and reduced import paymen... Read More


Inflation-driven REER rise dents trade competitiveness

Dhaka, Jan. 3 -- Bangladesh's currency gets overvalued driven by higher domestic inflation compared to its trading economies with the prospect of export and remittance losing out, economists and busin... Read More