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Rejaul Karim Byron

$79 Billion Economic Corridor from Teknaf to Tentulia

Teknaf to Tentulia economic corridor on the horizon

29 April 2026, 00:00 AM
The Asian Development Bank (ADB) has proposed a 20-year development plan involving about $79 billion to build a major economic corridor from Teknaf to Tentulia with the view to decongesting Dhaka and Chattogram, in line with the BNP’s election manifesto.
29 April 2026, 00:00 AM
Family Card bangladesh.png

Anomalies found in Family Card pilot

28 April 2026, 00:00 AM
The finance ministry has found a host of anomalies in the pilot of the Family Card programme, as the government seeks to iron out irregularities and ensure the BNP’s flagship social welfare initiative can withstand the scrutiny of development partners.
28 April 2026, 00:00 AM
chattogram customs seizes banned Pakistani poppy seeds

Cost of customs upgrade project set for 40% hike

26 April 2026, 00:00 AM
Three years after launch and with 99 percent of its budget unspent, a nearly Tk 1,700 crore customs modernisation project is set to be presented to the Executive Committee of the National Economic Council (Ecnec) today with a proposal to extend its deadline and raise costs by nearly 40 percent.
26 April 2026, 00:00 AM
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Govt to establish 170 urban health centres in Dhaka, Ctg

25 April 2026, 00:00 AM
The government plans to set up at least one Urban Primary Health and Nutrition Centre in every ward of Dhaka North, Dhaka South, and Chattogram city corporations for residents deprived of care due to fragmented delivery of services.
25 April 2026, 00:00 AM
imf.jpg

Govt eyeing $2b in emergency aid from IMF

23 April 2026, 00:00 AM
Bangladesh is eyeing $2 billion in emergency aid from the IMF’s Rapid Financing Instrument (RFI) window to cushion the economic shock stemming from the Middle East war.
23 April 2026, 00:00 AM
imf.jpg

Govt, IMF at odds over spending on polls pledges

19 April 2026, 00:00 AM
Bangladesh and the International Monetary Fund are locked in new disagreements over the country’s economic programme, with tensions centring on social spending, revenue mobilisation, exchange rate policy, and the pace of financial sector reforms.
19 April 2026, 00:00 AM
IMF, World Bank.jpg

IMF, WB assure Dhaka of funds to absorb war shocks

18 April 2026, 00:00 AM
Officials in the 11-member delegation said Bangladesh pressed for additional funds to cover the shortfall caused by the energy crisis, beyond regular budget support
18 April 2026, 00:00 AM
Planning Commission

Planning commission: Advisory panel outlines overhaul of governance

16 April 2026, 03:29 AM
A high-level advisory committee, formed by the Planning Commission to develop a sustainable development strategy, plans to recommend the government introduce a bicameral parliament, reinstate the caretaker government system, and ensure media freedom.
16 April 2026, 03:29 AM
New budget to set 10 priorities

Budget FY 23-24: IMF conditions, inflation, polls 3 key issues

Three issues would be dictating the upcoming fiscal year’s budget, the last of the Awami League government’s present five-year term: the International Monetary Fund’s conditions, the persistently high inflation and next year’s national election.
19 March 2023, 01:20 AM
Body formed for dearness allowance

Govt’s interest expenses jump over 22%

The government’s expenses on interest payments rose more than 22 per cent to Tk 40,792 crore in the first six months of the current fiscal year owing largely to higher expenditures on treasury bills, official figures showed.  
16 March 2023, 02:30 AM
Rooppur Project: Russia proposes payment in rouble

Rooppur Project: Russia proposes payment in rouble

Russia has proposed a direct payment system bypassing the global standard SWIFT to settle the dues for Rooppur nuclear power plant as the Soviet nation looks to navigate the sanctions from the West following the Ukraine war.
16 March 2023, 01:00 AM
temporary suspension of Facebook and YouTube

Govt rolls back almost all austerity measures

The government yesterday rolled back most of the austerity measures it imposed at the beginning of the fiscal year to better weather the economic upheaval although statistics indicate there has hardly been any improvement on the front.
14 March 2023, 01:30 AM
transparency-and-accountability-in-public-sector.jpg

Govt to form authority on public procurement

The government has prepared a draft law for ensuring transparency and accountability in public sector purchases while also improving efficiency in the sector.
13 March 2023, 02:00 AM
adani.jpg

Transmitting Adani’s power to get costlier

The overall cost for transmitting electricity from the Adani power plant in Godda, Jharkhand is set to increase further as two projects meant for that end are eyeing cost and time revisions.
12 March 2023, 01:00 AM
adp-b1.jpg

Fast-track projects see better implementation

Implementation of eight fast-track projects under the Annual Development Programme (ADP) was at a good pace in the first seven months of the current fiscal year of 2022-23 while that of other projects was slower.
9 March 2023, 02:30 AM
Bankers' decision to appreciate taka draws mixed reactions

Dollar crisis not ebbing despite ‘best efforts’

Bangladesh’s dollar crisis is just not subsiding even though imports have dropped off and both exports and remittance are staging a rally.
7 March 2023, 01:40 AM
World Bank

$500m at best from WB this fiscal

The government can expect budget support of $500 million at best from the World Bank this fiscal year after it failed to implement key reforms that would have unlocked the entire $1 billion it was seeking.
5 March 2023, 01:00 AM
security breach at Bangladesh High Commission Agartala

Dhaka, Delhi discussing de-dollarisation

Bangladesh and India are in talks about doing away with the dollar as the official currency for payments between the two countries -- a development that would bring down the cost of trade as well as the conversion rate losses for businesses and ordinary people.
3 March 2023, 01:00 AM
temporary suspension of Facebook and YouTube

No more austerity

The government has officially abandoned the austerity stance it took on at the beginning of the fiscal year as it deems the economy is nearing good health.
2 March 2023, 01:10 AM
moody's banking system

Moody’s sounds alarm bells on banking sector

Major global rating agency Moody’s yesterday downgraded its outlook of Bangladesh’s banking system from stable to negative -- a crushing development that is set to make foreign transactions trickier and costlier for businesses and banks.
2 March 2023, 01:00 AM
ADP execution rate

ADP execution rate in Jul-Jan lowest in 3 years

The first seven months of the current fiscal year of 2022-23 saw the lowest implementation rate of the annual development programme (ADP) in the last three years, with only 28.16 per cent of the total outlay being spent till January. 
28 February 2023, 02:30 AM
austerity-hits-julys-adp.jpg

Health, edn to get chop in ADP

Health and education are set to get the biggest chop in the revised development budget for this fiscal year, when the International Monetary Fund has stipulated more spending in the two sectors as part of its $4.7 billion loan programme.
28 February 2023, 01:10 AM
Rooppur-Bogura power line ready for use

Dollar crunch raises spectre of load-shedding

Private power plants that use furnace oil risk facing severe shortage of fuel and this may result in power cuts during the hottest months of this year.
26 February 2023, 01:00 AM
Bangladesh’s economic growth projection

Address out-of-pocket spending on healthcare

Bangladesh could explore health financing reforms that increase public financing for the health sector to reduce out-of-pocket spending, which is threatening to undermine national poverty reduction efforts, said the World Bank in a recent study.
25 February 2023, 01:50 AM
imf.jpg

The devil is in implementation

Bangladesh’s economic crisis will not go away if the government does not strictly adhere to the conditions tagged with the International Monetary Fund’s 42-month loan programme, said the lender’s top official.
24 February 2023, 01:40 AM
spike-graph.jpg

Spike in funding costs to hurt banks’ profitability

Weak banks in Bangladesh with small holdings of government securities, which are used to mobilise funds either from the central bank or peers, may become more vulnerable in the days to come, Moody’s Investors Service warned yesterday.  
23 February 2023, 02:00 AM

IMF getting BB ready for post-LDC world

Bangladesh’s preparation for LDC graduation would start in earnest with the International Monetary Fund’s 42-month loan programme, where one of the objectives is to overhaul the monetary and exchange rate policies to meet the needs of an open economy.
20 February 2023, 01:00 AM
IMF loan

IMF watching economy like a hawk

The International Monetary Fund would be watching the Bangladesh economy like a hawk, stipulating an extensive list of data reporting regularly as part of the conditions agreed upon for the $4.7 billion loan programme.
19 February 2023, 01:00 AM

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