Credit flow into private sector falls amid inflation combat through money-supply contraction and import tightening for forex dearth, among other reasons, economists say. The private-sector credit growth declined to 13.93 per cent in September after surging for six consecutive months, official data show.The decline comes at a time when the...
Read moreGrowth in broad money that includes physical currency, some sorts of deposits in banks and very liquid securities gets stymied significantly as Bangladesh tightens belt to navigate a feared oncoming worldwide recession. Official data show the M2 growth fell to 8.64 per cent, year on year, at the end of...
Read morePrime Minister Sheikh Hasina on Friday asked the leaders and activists of her party's youth front Jubo League (JL) to go to their villages and work for boosting farm production to offset any impact of global food crisis, reports UNB."I would like to ask every activist and leader of Jubo...
Read moreThe efforts to provide one-point services from the Bangladesh Investment Development Authority (BIDA) went in vain, as the agencies, which added their services to the BIDA One Stop Service (OSS) portal, are also individually accepting applications for these.The BIDA now wants to stop entertaining applications by these agencies for providing...
Read moreBangladesh will now urge the World Bank (WB) to expedite confirming an assured credit as the WB vice-president for South Asia comes today (Saturday), officials say, just after an IMF loan accord has been reached.The WB Vice-President for South Asia Region Martin Raiser arrives in Dhaka today mainly on purpose...
Read more© 2024 - All Rights with The Financial Express
