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

Inefficient power plants to be shut, deals reviewed

The government has planned to review controversial capacity charge and power- purchase agreements on power plants under a major sectoral reform to minimize electricity-generation costs.Shutting down or modernising inefficient power plants, strict action against corruption and ensuring and transparency and accountability are among the other measures the government has planned,...

Finance Minister hands over proposed national budget for FY2026-27 to Prime Minister

Finance Minister Amir Khosru Mahmud Chowdhury hands over the proposed national budget for FY2026-27 to Prime Minister Tarique Rahman at the cabinet room of the Jatiya Sangsad Bhaban in the capital on Thursday. — PID

Govt plans to borrow Tk 1.12t from banks to offset revenue shortfall

The government plans to borrow Tk 1.12 trillion from the banking system to meet the revenue shortfall in the coming financial year of 2026-2027.Out of its total domestic borrowing of Tk 1.27 trillion, Tk 1.12 trillion would be sourced from the banking system in FY'27.In the current fiscal year (FY)...

Economists warn of risks

Eminent economists have described the proposed national budget for fiscal year (FY) 2026-27 as 'highly ambitious', warning that financing constraints and weak implementation capacity could pose significant challenges for the newly formed government.They cautioned that failure to mobilise adequate revenue and foreign financing could force excessive reliance on the banking...

Laudable amid execution challenges

Business leaders and organisations broadly welcomed the proposed FY27 national budget on Thursday, describing it as investment-friendly, reform-oriented, and supportive of private sector growth. However, a common concern across the community was that the budget's success would depend heavily on effective implementation. Stakeholders questioned the feasibility of the ambitious revenue...

Tigers post ODI series triumph over Australia

Bangladesh made history at Mirpur on Thursday, securing their first-ever ODI series victory over Australia with a five-wicket win in the rain-affected second match, reports UNB.Following a lengthy weather delay that revised their target via the DLS method, the hosts chased down 192 runs in just 35 overs, sealing the...

Debt interest cost hits 13.6pc of new budget

The government has proposed allocating Tk 1.275 trillion for interest payments on public debt in fiscal year (FY) 2026-27, highlighting the growing cost of borrowing as a significant portion of the national budget.The allocation accounts for 13.59 per cent of the total budget outlay, underscoring rising fiscal pressure from debt...

Inflation remains biggest challenge

The government has identified persistent inflation as the country's most pressing economic challenge, pledging a combination of fiscal and monetary measures to bring price pressures under control and ease the burden on households in the next fiscal year (FY 2026-27).The national budget has identified high inflationary pressure as the "most...

Govt cancels Ad-Din Hospital licence over six newborns’ death

The Directorate General of Health Services has cancelled the license of Ad-Din Hospital in Dhaka over the recent deaths of six newborns at the hospital's post operative unit.The decision was made as the hospital's response to the show-cause notice over the issue could not satisfy the authorities.The decision was also...

Bonded warehouses for trade boost

The government has introduced a new provision to extend bonded-warehouse-like facilities to industries through a simplified process, aiming to promote trade, attract investment and improve supply-chain efficiency for businesses of all sizes.The Finance Minister has proposed introducing a new chapter, along with several provisions in the Customs Act, to facilitate...