Economy

Bangladesh Bank has further cut the size of the Export Development Fund (EDF) by another $200 million to $5 billion. This is the third time the centra

The World Bank’s (WB’s) Board of Executive Directors discussed a new Country Partnership Framework (CPF) for Bangladesh (2023-2027) and ap

The global market for Polyester Fibers estimated at $121.5 billion in the year 2022, is projected to reach a revised size of $205.5 billion by 2030, g

The Ministry of Finance has waived cash incentives of Rs 1,000 crore against exports of export-oriented industries. This means the fourth tranche of i

Europe will see a “sharp slowdown” in economic growth this year, but most countries will avoid a recession, the director of the Internatio

Branches of the scheduled banks in the readymade garments (RMG) industrial areas will remain open on April 19-21 to facilitate payment of garment work

Finance Minister AHM Mustafa Kamal said that the businessmen of the country would become happy to see the national budget for the next fiscal year (FY

Bangladesh Bank (BB) has taken a decision to keep the interest rate unchanged for the extended period of loans made from the Export Development Fund (

The International Monetary Fund has kept its economic growth forecast for Bangladesh unchanged, which it set at 5.5% for the current fiscal year in Ja

The World Bank has revised its 2023 global growth forecast slightly upwards to 2% from a January forecast of 1.7% on the improved outlook for China’s