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Bangladesh braces for $4.5b fresh IMF credit negotiations

Dhaka, May 24 -- The government wants to implement reforms that are "realistic" and "compatible with the country's ground reality" in phases as Bangladesh braces for negotiating a newly planned credit... Read More


Govt unveils onshore wind power project guidelines

Dhaka, May 23 -- Draft guidelines for onshore wind-power-project development have been unveiled under a government priority as this clean energy remains under explored despite offering a "complementar... Read More


Stalemate prevails over loan-release negotiations

Dhaka, May 19 -- Government negotiations with the International Monetary Fund on the release of next tranches of its US$5.5-billion credit programme couldn't make tangible progress, sources say, promp... Read More


Deregulation of economy, liberalising trade figure Prominently

Dhaka, May 15 -- A roadmap on deregulation of the economy and liberalisation of trade and investment forms focal policy features in the national budget the new government prepares to present in parlia... Read More


WB tags revoking of the Bank Resolution Act amendments

Dhaka, May 8 -- Returning the five merged Islamic banks to their former shareholders might prove difficult for the government as major development partners dislike the reversion move, officials says. ... Read More


Govt to launch broad-based drive for netting larger NTR, non-NBR revenues

Dhaka, May 4 -- The government launches a broad-based drive to augment revenue receipts outside the NBR purview with a target of netting Tk 910 billion for the forthcoming fiscal year, as a bigger bud... Read More


Lack of govt guarantee stalls disbursement of foreign loans

Dhaka, May 1 -- The absence of government payment guarantees has become a serious concern for private-sector solar power projects, with at least three plants facing prolonged delays in securing foreig... Read More


Budget-support funds from foreign financiers look uninspiring

Dhaka, April 24 -- Budget-support funding from foreign financiers seems drying up as only US$750 million has so far been confirmed although the financial year nears end with the economy facing unantic... Read More


'High time for new Bangladesh govt to push reform through'

Dhaka, April 17 -- It's high time the new political government in Bangladesh with a vast majority began massive reforms in the unkempt financial sector immediately, suggests the International Monetary... Read More


Development partners offer higher budget support credit

Dhaka, March 19 -- As the war in the Middle East prolongs, affecting Bangladesh's already weakened economic base, a number of development partners have come up with proposals to provide higher volumes... Read More