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ADB plans to lend Bangladesh $200m

Bangladesh, Oct. 13 -- Keeping major private-sector development (PSD)-reform agenda and deregulation measures in focus while aiming to help spur growth, the Asian Development Bank (ADB) plans to provi... Read More


IMF further cuts Bangladesh's FY27 growth forecast to 3.2pc, sees inflation surging to 10.9pc

Bangladesh, Oct. 13 -- The International Monetary Fund (IMF) has further lowered Bangladesh's growth forecast for the fiscal year 2026-27 (FY27) to 3.2 per cent, down from its previous projection of 3... Read More


IMF picks holes in NBR revenue reform plan

Bangladesh, Sept. 29 -- The International Monetary Fund (IMF) has found flaws in the proposed revenue-sector reforms tagged to the next credit programme for Bangladesh, officials said. Advertisement ... Read More


New $4.0b IMF credit programme for Bangladesh: Mounting power-energy subsidies cited as big barriers

Bangladesh, Sept. 24 -- State-subsidy issue may stand as a big barrier in negotiating next IMF lending programme for Bangladesh as the government is forced to spend huge sums to supply subsidised ener... Read More


World Bank plans disbursing $2.03b soft credit to Bangladesh

Bangladesh, Sept. 14 -- The World Bank plans to disburse US$2.03 billion to Bangladesh from its low-cost financing-arm International Development Association (IDA) in the current fiscal year, officials... Read More


Rupali Bank seeks Tk 50b lifeline

Bangladesh, Aug. 28 -- State-run Rupali Bank has sought Tk 50 billion in fresh capital support from the government after incurring a net loss of Tk 6.43 billion in the first seven months of this year,... Read More


Take borrower-wise and time-bound resolution plan, FID asks Janata

Bangladesh, Aug. 25 -- With around 70 per cent of loans going default, the state-run Janata Bank has now been asked to take a borrower-wise, time-bound resolution plan for every large account to recov... Read More


Lend to productive sectors, augment AD ratio

Bangladesh, Aug. 18 -- Sonali Bank has been advised to enhance advance-deposit ratio by lending to productive sectors instead of keeping funds idle as the largest bank's AD proportion is said to be at... Read More


Agri carbon credit framework in the offing

Bangladesh, Aug. 13 -- The government is formulating an agricultural carbon credit framework to lower carbon emissions in farming and gain financial benefits through carbon trading, officials say. Ad... Read More


Long-awaited $335m Chinese loan deal likely soon

Bangladesh, July 20 -- Deal on a long-awaited $335-million Chinese loan for construction of two jetties to upgrade Mongla seaport is likely to be signed within this month, officials say. A framework ... Read More