Dev spending hits rock-bottom low at Tk 1.53t
Development spending in Bangladesh hit rock bottom in the past fiscal year as agencies under the post-uprising government trailed far behind even the pared-down Tk 2.26-trillion Annual Development Programme.Latest official statistics show the ADP-implementation rate in the fiscal year (FY) 2024-25 recorded a 20-year low, raising concerns about the country's...
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Govt buys costly US wheat before next tariff bargain
Ahead of next negotiation with the Trump administration on tariff reduction, the government approved procurement of 220,000 tonnes of wheat from the United States at a price much higher than international-market rates. Following the all-clear, Agrocorp International Pte Ltd, an authorised supplier in US Wheat Associates, will deliver the grain...
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Eight of 44 victims in critical condition
The death toll from Milestone School and College jet crash has risen to 32, while a number of burn victims are still in critical condition, reveals an analysis of data from the Inter-Services Public Relations (ISPR) and the Ministry of Health.According to the ISPR, 31 people died as of 12.00...
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Taka remains undervalued
The local currency Taka remained undervalued against the US dollar in June, signalling that Bangladesh's exports and remittances continue to benefit from a favourable exchange rate, according to the latest data from the Bangladesh Bank.The real effective exchange rate (REER), a key indicator for gauging foreign exchange market equilibrium, stood...
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Beware of fascist forces' regrouping bid, face it
Chief Adviser Prof Muhammad Yunus alerts politicians to "fascist forces' regrouping" bid and urges reinforcing national unity against such attempts. Poor law-and-order situation and weak administration were highlighted from the other sides in two spells of consultation between the head of post-uprising government of Bangladesh and leaders of 17 political...
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