Bangladesh economy

July trade deficit far below FY22’s monthly average

Bangladesh’s trade deficit widened by 46.4 per cent year-on-year to $1.98 billion in July, but it was far below than the monthly average recorded in the last fiscal year, an encouraging sign for the economy.  

Govt may subsidise diesel for farmers:  Agriculture Minister

Like fertiliser, the government would consider giving subsidies to farmers for diesel, Agriculture Minister Muhammad Abdur Razzaque said today.

“AL rescued Bangladesh from Sri Lanka-like situation during BNP rule”

Prime Minister Sheikh Hasina today (August 30, 2022) expressed her firm belief that Bangladesh will never plunge into a Sri Lanka-like situation, rather the country will continue to move ahead overcoming all global challenges.

Bangladesh economy: Not in crisis but under stress

Bangladesh’s economy is experiencing stress because of the pressure on the foreign exchange reserves, but the situation is not as alarming as many think, said top brass in the financial sector yesterday. 

Why not remove the cap on lending interest rate?

People’s purchasing power is a key indicator of a country’s economic well-being, which gets eroded by high inflation.

Bangladesh planning to buy fuel from Russia

Bangladesh is planning to buy fuel oil from Russia.

Bangladeshi people living in heaven amid global recession: Foreign Minister

"The people of Bangladesh are in heaven compared to other countries amid the global recession," said Foreign Minister Dr AK Abdul Momen today (August 12, 2022).

Soft-Landing Bangladesh’s Economy

Like much of the world, Bangladesh’s economy is facing strong headwinds and turbulence.

July’s economic data: Dark clouds starting to clear

Inflation bucked its runaway trend in July, becoming the third data point this month after remittance and import to provide some relief to a government on its toes about the direction the economy was taking.

September 5, 2022
September 5, 2022

July trade deficit far below FY22’s monthly average

Bangladesh’s trade deficit widened by 46.4 per cent year-on-year to $1.98 billion in July, but it was far below than the monthly average recorded in the last fiscal year, an encouraging sign for the economy.  

September 1, 2022
September 1, 2022

Govt may subsidise diesel for farmers:  Agriculture Minister

Like fertiliser, the government would consider giving subsidies to farmers for diesel, Agriculture Minister Muhammad Abdur Razzaque said today.

August 30, 2022
August 30, 2022

“AL rescued Bangladesh from Sri Lanka-like situation during BNP rule”

Prime Minister Sheikh Hasina today (August 30, 2022) expressed her firm belief that Bangladesh will never plunge into a Sri Lanka-like situation, rather the country will continue to move ahead overcoming all global challenges.

August 28, 2022
August 28, 2022

Bangladesh economy: Not in crisis but under stress

Bangladesh’s economy is experiencing stress because of the pressure on the foreign exchange reserves, but the situation is not as alarming as many think, said top brass in the financial sector yesterday. 

August 21, 2022
August 21, 2022

Why not remove the cap on lending interest rate?

People’s purchasing power is a key indicator of a country’s economic well-being, which gets eroded by high inflation.

August 16, 2022
August 16, 2022

Bangladesh planning to buy fuel from Russia

Bangladesh is planning to buy fuel oil from Russia.

August 12, 2022
August 12, 2022

Bangladeshi people living in heaven amid global recession: Foreign Minister

"The people of Bangladesh are in heaven compared to other countries amid the global recession," said Foreign Minister Dr AK Abdul Momen today (August 12, 2022).

August 10, 2022
August 10, 2022

Soft-Landing Bangladesh’s Economy

Like much of the world, Bangladesh’s economy is facing strong headwinds and turbulence.

August 4, 2022
August 4, 2022

July’s economic data: Dark clouds starting to clear

Inflation bucked its runaway trend in July, becoming the third data point this month after remittance and import to provide some relief to a government on its toes about the direction the economy was taking.

August 2, 2022
August 2, 2022

The anatomy of macroeconomic challenges in Bangladesh

Despite the macroeconomic success, Bangladesh faces several long-standing challenges.

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