‘Bangladesh likely to get $12.0b to $15.0b loan support from ADB over next five years’ Bangladesh expects to get $12.0 billion to $ 15.0 billion loan support from the Asian Development Bank under its Country Partnership Strategy (CPS) (2021-2025), according to Finance Minister AHM Mustafa Kamal.The minister came up with
Read MoreLiberal trade could boost Bangladesh’s GDP by 14.8%: World Bank study Unilateral trade and investment liberalisation could boost Bangladesh’s GDP, investment, and exports by 14.8%, 20%, and 63.2%, respectively, according to a World Bank study. Such unilateral reforms will help Bangladesh reduce trade costs and access to cheaper and better-quality
Read MoreBangladesh-China bilateral trade crosses $25b Chinese ambassador Li Jiming informed that bilateral trade between Bangladesh and China exceeded US$25 billion.Terming the economic cooperation between the two countries ‘most eye-catching’ Mr Li also informed that China has granted 98 per cent duty-free treatment to help boost Bangladesh`s export to the East Asian
Read MoreGovt. working to raise annual exports to $100b by 2026: Tipu Munshi The RMG sector contributes to 82% of total exports but initiatives have been taken for the export of 10 products from other sectors, he said. The government and private sector entrepreneurs are working together to boost the country’s
Read MoreRevenue collection jumps 21pc in Jul-Aug Revenue collection by the National Board of Revenue (NBR) witnessed robust growth of 21 per cent in the July-August period of the current fiscal year thanks to the devaluation of taka, high inflationary pressure and expansion of the economy. As such, the NBR has
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