Pre-polls tension could weigh on economy: IMF
The International Monetary Fund (IMF) has projected a 7.0 per cent economic growth for Bangladesh in the next fiscal year (FY), 2018-19.The growth projection is 0.80 percentage points lower than the target the government has set for the upcoming fiscal.
The economy is set to grow 7.8 per cent in...
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An exhausted rickshawpuller taking rest on his tricycle
An exhausted rickshawpuller taking rest on his tricycle on the Mirpur Road near the New Market on Saturday to beat the simmering heat — FE photo by Shafiqul Alam
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FBCCI calls for lending rate cut in sync with fiscal benefits
FE ReportThe local top trade body on Saturday called for bringing the lending rate down to a single digit by harnessing fiscal benefits announced in the budget for the next fiscal.On Thursday, Finance Minister AMA Muhith presented a Tk 4.63 trillion budget for fiscal year (FY) 2018-2019. The budget cut...
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Land acquisition a new problem area for RHD
Money paid as compensation for acquiring private land now eats up the most part of cost of projects belonging to the Roads and Highways Department (RHD).The recent hike in the official rate of compensation payments to the owners against acquisition of their land is forcing the agency to make higher...
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PM joins dinner hosted by Gov Gen of Canada
QUEBEC (Canada), June 09: Prime Minister Sheikh Hasina, who arrived here to attend the Outreach Programme of the G7 Summit, joined a dinner hosted by Governor General of Canada Julie Payette for G7 guests on Friday evening. The Prime Minister exchanged pleasantries with President of South Africa Cyril Ramaphosa and...
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