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Bangladesh now half a trillion dollar economy

Dhaka, June 11 -- Bangladesh is now a half-trillion-dollar economy, as its gross domestic product (GDP) has crossed USD 500 billion mark. It has achieved this unique feat in the outgoing fiscal year ... Read More


LDC graduation deferral decision due September

Dhaka, June 5 -- Bangladesh is expected to learn by September whether it will get additional time before graduating from Least- Developed Country (LDC) status, with United Nations bodies currently rev... Read More


Stalled MRT projects bag big Tk 126.49b funds to restart

Dhaka, June 1 -- Stalled mass rapid transit (MRT) projects receive a substantial sum of Tk 126.49 billion in ADP allocations for the upcoming fiscal year as the government vows to construct three Dhak... Read More


Power-sector subsidy overshoots allocation

Dhaka, May 16 -- Government exchequer gasps under fiscal-pressure buildup as power-sector subsidy is projected to overshoot its budgetary mark in the current fiscal year (FY)-much of the burden stemmi... Read More


ECNEC approves multipurpose Padma Barrage project

Dhaka, May 13 -- Decades of wait is all but over now as the government on Wednesday adopted the multipurpose Padma Barrage project meant to mitigate water-scarcity impacts in vast areas and facilitate... Read More


BR to buy 30 locomotives with AIIB support

Dhaka, May 10 -- The government is set to procure 30 railway engines with financial support from the Asian Infrastructure Investment Bank (AIIB) to strengthen the fleet of Bangladesh Railway (BR), off... Read More


Japan finances for Bangladesh gets costlier

Dhaka, May 5 -- Once-most-concessional loan is going to be costlier as Japan has proposed to raise its interest rate by 30-percentage points to 3.05 per cent for lending to Bangladesh, officials in Dh... Read More


Falling capital spending threatens growth prospects

Dhaka, April 12 -- Bangladesh is facing mounting fiscal pressure as capital expenditure continues to decline, raising concerns over the country's growth trajectory and poverty reduction efforts. Anal... Read More