IMF for splitting tax policy from admin by June next
The International Monetary Fund (IMF) will extend the ongoing $4.7-billion loan programme for Bangladesh by six months until December 2026, officials have said.It was decided at the two-week-long third review of the programme held this month after the multilateral lender agreed to provide an additional $750 million for Bangladesh amid...
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Extradite deposed PM Hasina to stand trial
Bangladesh has requested India to extradite deposed prime minister Sheikh Hasina wanted by a tribunal to stand trial on charges of "crime against humanity" during her prolonged rule. "We have sent a note verbale to the Indian government to send the former prime minister back in this regard," Foreign Affairs...
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Seven sailors slain in vessel attack
Seven sailors have been murdered in a deadly attack on a fertiliser-laden cargo ship named MV Al Bakherah in the Meghna River in Chandpur, officials and media reports said Monday. Five were found slain aboard the ship of Brishti Enterprises and two others succumbed to their injuries while undergoing treatment...
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Maiden climate bank planned in Bangladesh
Amid some disarray in local banking situation, a private organization wants licence to establish a global-standard unconventional climate bank, first of its kind in Bangladesh, sources said.A cardinal objective of the bank is to preserve nature and address environmental issues that are looming large in the climate-vulnerable country.The proposed bank...
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Foreign exchange reserves cross $20b mark
Bangladesh sees its foreign-currency reserves overshoot US$20-billion mark in meticulously set IMF arithmetic, after over a month of downturn, feeding on growing inflow of US dollars.Such rise in the gross stock of foreign-exchange reserves gives some sort of relief to the central bankers, who had been in anxiety amid volatility...
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