ADB cuts Bangladesh growth forecast to 4% for FY27
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Unreliable energy supplies, logistics constraints and lengthy regulatory and approval procedures are further dampening investment demand
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New Pay Scale: Basic pay rise to cost Tk 37,372cr
21 September 2026
The implementation of the new pay scale’s basic salary in two phases will cost the government Tk 37,372 crore, covering civil, defence services and judicial personnel, alongside pensioners, according to a preliminary estimate of the finance division.
21 September 2026
New pay scale: House rent payouts rise despite lower rates
20 September 2026
Housing allowance, the second-largest component of gross salary, has been reduced as a percentage of basic pay under the new public sector pay scale.
20 September 2026
A mega project largely deserted
19 September 2026
Tk 15,691cr spent, but Payra Port activities far below its commercial potential
19 September 2026
Spouse to get pension until 80 after death of pensioner
18 September 2026
The National Pension Authority (NPA) yesterday decided to extend the age limit for a spouse to receive a pension after the pensioner’s death to 80 years from 75 and introduce an Islamic version of the Universal Pension Scheme.
18 September 2026
Three metro projects get go-ahead, costing Tk 2.5 lakh crore
17 September 2026
The government yesterday approved the construction of three metro rail lines for Dhaka at an estimated cost of nearly Tk 2.5 lakh crore.
17 September 2026
Bogura-Sirajganj rail line / 8 years on, project costs to jump 89%
16 September 2026
The estimated cost of the direct dual-gauge railway line project connecting Bogura and Sirajganj has jumped nearly 89 percent to Tk 10,391 crore, with the Asian Infrastructure Investment Bank (AIIB) set to fund 71 percent of the total project costs.
16 September 2026
Cost of MRT-1, 5 trimmed to Tk 2.04 lakh crore
15 September 2026
The revised estimated cost of the Japan-funded Mass Rapid Transit (MRT) Line-1 and Line-5 projects has been set at Tk 2,03,800 crore, down 4.75 percent from an earlier proposal.
15 September 2026
Govt now turns to AIIB for $450m
Bangladesh has sought $450 million from the Asian Infrastructure Investment Bank (AIIB) for this fiscal year to meet the emergency health expenditure and finance the massive stimulus packages the country has unveiled in the face of coronavirus outbreak.
23 April 2020
All low-priority projects to halt
As the government is having to allocate additional funds for certain sectors to combat the coronavirus outbreak, it has suspended financing for all “low priority” projects in the Revised Annual Development Programme (RADP) for this fiscal year, officials said.
23 April 2020
Remittance to nosedive 22pc in 2020: WB
Remittance flow to Bangladesh may plunge by as much as 22 per cent in 2020 because of the fallout of the global coronavirus pandemic, in a major blow to the economy, said the World Bank yesterday.
22 April 2020
Now 10 more industries are seeking help
At least 10 industry bodies have applied to both the finance ministry and the Bangladesh Bank to get financial support from the Tk 5,000 crore stimulus package for the export-oriented industries.
21 April 2020
Another $1.25b from ADB would be of great help
Bangladesh has sought an additional $1.25 billion from the Asian Development Bank (ADB) to ballast the country’s purses in its fight against coronavirus and beyond.
20 April 2020
Incentives for those on the front line
The government will provide two months’ basic salary as incentive for doctors and other health workers who are on the front line in the war against Covid-19 pandemic.
19 April 2020
Kamal marshalling development partners to help with COVID-19 wreckage
Bangladesh has turned to multilateral lenders in earnest to pull the country out of the wreckage of COVID-19, which has left the country’s tremendous growth momentum of recent years coming crashing down.
19 April 2020
Govt in great pickle over next fiscal year’s budget
Finance Minister AHM Mustafa Kamal plans to unveil the national budget for next fiscal year on June 11 amid deepening uncertainties brought on by the deadly coronavirus.
16 April 2020
GDP growth to plunge to 33-year low this year
There is no denying that 2020 is a write-off for the high-flying Bangladesh economy, shot down to the ground by the novel coronavirus.
15 April 2020
Firms praying for an extension to hand in VAT returns
An announcement from the National Board of Revenue regarding the filing of value-added tax returns have thrown businesses into trouble.
13 April 2020
Direct cash transfer for 1.5cr poor during Ramadan
The government is set to transfer Tk 2,000 in cash to each of about 40 lakh families whose breadwinners have lost jobs because of lockdown, as part of its efforts to keep the most vulnerable segment of the society at home to tackle the deadly virus.
13 April 2020
Premature to project growth now
Finance Minister AHM Mustafa Kamal yesterday said it was premature to project what will be the country’s economic growth in the current fiscal.
12 April 2020
Outlook is grim for Bangladesh
Bangladesh’s tremendous growth momentum in recent years is set to come to a crashing halt for the coronavirus outbreak in the country, with the poor and informal sector bearing the most brunt, said the World Bank yesterday.
12 April 2020
Cash aid for extreme poor
The government is set to unveil its third stimulus package soon, offering cash aid to poor families that have been hit hard by the ongoing shutdown amid coronavirus scare.
10 April 2020
Govt battling an unknown quantity
Bangladesh has thus far announced a $8.56 billion stimulus package that is nearly three times the initial projected economic losses from the coronavirus pandemic.
6 April 2020
Factories can pay wages for 3 months from stimulus package
The owners of export-oriented companies and factories can pay wages to their workers for up to three months from the Tk 5,000 crore stimulus package unveiled by Prime Minister Sheikh Hasina.
1 April 2020
OMS rice for Tk 10 a kg in cities from next week
The government is going to launch a special open market sale (OMS) of coarse rice at Tk 10 a kg in all city corporation areas to ensure food for the urban poor amid the countrywide shutdown.
31 March 2020
Bigger relief package needed to make up for lost economic activities
Bangladesh has announced one of the lowest stimulus packages among South Asian and Asian peers in terms of gross domestic product (GDP) to counteract the impact of the coronavirus pandemic that is on course to bringing about an economic recession.
31 March 2020
Soft loans, wages to come from stimulus package
The government will disburse interest-free soft loans for two years among the export-oriented sectors from the Tk 5,000 crore stimulus package the prime minister unveiled to cope with the fallout from COVID-19.
30 March 2020
Logistics for stimulus package allocation to be finalised by next week
The government has started work on devising a method to allocate its Tk 5,000 crore stimulus package for the export-oriented sectors announced by Prime Minister Sheikh Hasina on March 25.
29 March 2020