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

IMF board okays $1.152b for Bangladesh

Bangladesh now goes to receive US$1.152 billion from the ongoing $4.7- billion IMF loan programme as the Executive Board of the International Monetary Fund approved the third tranche of the loan. Bangladesh Bank Executive Director Md Mezbaul Haque, also spokesman for the central bank, told the FE on Monday night...

Debt-GDP ratio on the rise, but still well below IMF threshold

Growing government borrowing, totalling Tk 16.59 trillion as of last December, took the debt-to-GDP ratio to 33.2 per cent, according to official statistics.The ratio, though going up constantly, was significantly lower than the IMF threshold of 55 per cent. The aggregate public-debt buildup as in December 2023 accounts for over...

Education system to be multi-dimensional: PM

Prime Minister Sheikh Hasina Monday said her government has made country's education system multi-dimensional and creative prioritising science and technology to maintain global standard in the ever-changing world, report agencies."We have made arrangement of multifaceted education system as employment can be generated both at home and abroad," she said.The premier...

Foreigners repatriate $130m from BD in 10 months: Ali

Foreign nationals residing in Bangladesh repatriated US$130.58 million of their income during the July-April period of the current fiscal year (FY) 2023-24.Indian citizens sent the highest amount, repatriating $50.60 million from Bangladesh during the first ten months of this fiscal year.Finance Minister Abul Hassan Mahmood Ali provided the information before...

Gunmen attack churches, synagogues in Dagestan

MOSCOW, June 24 (AFP/Reuters): Attacks on churches and synagogues in Russia's Dagestan region killed 15 police officers and four civilians, officials said on Monday, stoking fears over Islamist violence in the historically restive North Caucasus.Sunday's attacks come just three months after Islamic State (IS) group fighters killed more than 140...

Mamata opposes Indo-BD talks on Ganges Treaty renewal, Teesta water sharing

West Bengal Chief Minister Mamata Banerjee on Monday wrote to Indian Prime Minister Narendra Modi expressing her firm opposition to the renewal of the Ganges Water Sharing Treaty and to water sharing of the Teesta River.Referring to Modi's discussion on water-sharing issues relating to the Ganges and Teesta rivers during...

Numerous coop deals to be signed

A lot of bilateral cooperation agreements may be signed during Prime Minister Sheikh Hasina's likely China tour on July 8-11 at the invitation of President Xi Jinping, a visiting Chinese leader said Monday.Foreign Minister Dr Hasan Mahmud informed the press about the tentative timing of the prime minister's state visit...