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

43 priority areas identified to raise edn budget to 5.0pc of GDP: PM

Prime Minister Tarique Rahman on Wednesday said the government was implementing short, medium and long-term plans after identifying 43 priority areas to gradually increase the allocation for the education sector to 5.0 per cent of GDP."The government has announced in its election manifesto a plan to gradually increase the allocation...

Iranians react after a ceasefire announcement

Iranians react after a ceasefire announcement at the Enqelab square in Tehran on Wednesday. — AFP

Price stability, export demand, import costs in jeopardy

Ongoing geopolitical tensions pose near-term risks to Bangladesh's price stability, export demand and import costs, the central bank says in the wake of the worst ruckus in the Mideast. The Bangladesh Bank (BB) has painted such a picture on the economic downside in its latest Bangladesh Bank Quarterly (BBQ) report...

Parliament passes bill outlawing AL activity

Parliament Wednesday passed a bill effectively outlawing activity of the former ruling-party Awami League which has been in the wilderness since its government's fall in the 2024 uprising. The Anti-Terrorism (Amendment) Act 2026, based on the Anti-Terrorism (Amendment) Ordinance 2025 issued on May 11, 2025 by the interim government led...

Forecast on GDP growth cut to 3.9pc amid headwinds

A challenging economic landscape of Bangladesh is drawn by the World Bank that downgrades the country's GDP growth to 3.9 per cent for the current fiscal year, citing some headwinds. The Washington-headquartered development financier warns that the Middle-East turmoil may push an additional 1.2 million Bangladeshi people below the poverty...

Govt eyes maximising rice stocks banking on Boro season

Riding on a record-breaking Aman procurement, the government now aims to maximise grain collection from domestic sources during the upcoming Boro-harvesting season in a bid to bolster strategic food reserves amid geopolitical tensions in the Middle East.During the Aman procurement drive conducted between November and February of the current fiscal...

BPDB's 17-yr accumulated losses reach Tk 2.67t

State-run Bangladesh Power Development Board (BPDB) incurred an accumulated loss of around Tk 2.67 trillion ($26.75 billion) over the past 17 years from the fiscal year 2007-08 to 2024-25, Chief Executive of Coastal Livelihood and Environmental Action Network (CLEAN) Hasan Mehedi said on Wednesday.BPDB's net loss remained around Tk 903.97...