Govt borrowing jumps 12.20% in first 2 months of FY22 Government borrowing stood at Tk1,83,865 crore at the end of August in FY2020-21, which reached Tk2,09,436 crore during the same two months this FY. Government borrowing from the banking sector has gone up by 12.20% during the first two months
Read MoreBangladesh Bank widens refinance scheme Allows more people to borrow from the Tk 500cr fund. Bangladesh Bank yesterday increased the volume of a refinance scheme dedicated to marginal and landless farmers, low-income professionals and small businesses.The central bank rolled out the fund worth Tk 200 crore in 2014, but it
Read MoreBSEC working to boost investor confidence If proper returns from the stock market can be ensured, people from all over will be encouraged to park their savings and remittance at the country’s bourses, according to Source of the Bangladesh Securities and Exchange Commission (BSEC). Source added that they are working
Read MoreBB mounts monitoring The central bank mounted monitoring and supervision on the special fund constituted by commercial banks only for investment in the capital market. As part of the move, all the scheduled banks have been instructed to submit information regarding investment from their respective fund on a monthly basis
Read MoreAIIB to review projects for quicker execution The Asian Infrastructure Investment Bank (AIIB), new-generation development financier, is set to review Bangladesh projects shortly for speeding up execution by removing bottlenecks. Officials said Monday the Economic Relations Division (ERD) would arrange the tripartite meeting where project directors and relevant line-ministry officials
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