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Hefty interest payments to cost Tk 1.22 trillion

Dhaka, May 16 -- Significant rises in domestic and overseas borrowings make the government earmark some Tk 1.22 trillion for hefty interest payments in the upcoming budget, and officials see no letup ... Read More


Dilemmas foreshadow budget making for funding holdback

Dhaka, May 9 -- Finance officials seem in dilemmas crafting the upcoming fiscal budget with uncertainty overshadowing budget-support credits worth some billion dollars from foreign development financi... Read More


Joint-venture co seeks $110m loan from India's Exim Bank

Dhaka, May 3 -- Rampal 1320-megawatt power plant is about to run out of coal stock and the exigency prompts the management to urge financial backup for the fuel import to continue operation, officials... Read More