Finance News: Latest Financial News, Finance News today in Bangladesh

Rescind power subsidy and raise tariff rates

Rescinding power subsidy and upward tariff adjustment are twin strings among other dos binding release of the next tranches of the International Monetary Fund (IMF) loan release, officials say regarding the latest developments. They said Tuesday the IMF recommended bundling out entire subsidy on power within next fiscal year (FY)...

CA places six proposals to build sustainable future

DOHA, April 22 (Agencies): Chief Adviser Professor Muhammad Yunus emphasised the need to explore the role of social business, financial inclusion, and microfinance in fostering sustainable development and economic opportunities for marginalised communities. He stated that poverty is created due to a flawed economic system and presented six proposals at...

BD receives record $23.75b so far this fiscal

Bangladesh is poised to see a new record in yearly remittance receipt as the country has already received US$23.751 billion in less than 10 months of this fiscal, in much-needed props to its forex reserves.And this accumulated remittance figure is 96 per cent of the recorded remittance inflow of $24.777...

IMF downgrades Bangladesh GDP growth to 3.76pc

Bangladesh's economic growth this fiscal year is to decelerate further to 3.76 per cent from a cut-down previous estimation of 3.8 per cent made last December, says the IMF in a subdued global outlook.And this pared-down projection is significantly lower from a previous projection of 4.5 per cent mad by...

BNP supports steps to establish Supreme Court Secretariat

Bangladesh Nationalist Party (BNP) Standing Committee Member Salahuddin Ahmed has said BNP believes in complete independence of the judiciary.It also supported the initiatives taken to establish a Supreme Court Secretariat.Salahuddin Ahmed told reporters after the third round of dialogue with the National Consensus Commission held at the LD Hall of...

Govt slashes FY26 ADP by Tk350b amid revenue shortfall

All ministries are set to receive an allocation of Tk 2.16 trillion for ongoing projects under the Annual Development Programme (ADP) for the upcoming 2025-26 fiscal year against Tk 2.08-trillion demand made by the implementing agencies.However, this allocation falls short of the total funding requested by ministries and departments, leaving...