Dhaka, Apr 14 : The government of Bangladesh signed three financing agreements totaling $1.04 billion with the World Bank to respond to the COVID-19 pandemic and to build resilience to future crises including vaccination against COVID-19.
Category: Economy
BD Finance signs MoU with SIG for infrastructure projects
Bangladesh Finance and Investment Company signed a MoU with US-based Sovereign Infrastructure Group (SIG) to mobilise up to US$2 billion for infrastructure projects in Bangladesh in the next two years.
VAT realization: NBR turns down Dhaka Club’s request
The National Board of Revenue (NBR) has turned down the request of Dhaka Club Limited to stop activities of realising Tk 33.74 crore as Value Added Tax (VAT) and Supplementary Tax.
58% Bangladeshi women migrant workers return in first year
GreenWatch Dhaka Report A recent research has found that around 58 per cent of the women migrant workers from Bangladesh were forced to return home within the first year of their migration though the duration of the initial contract was…
Spending on public servants’ remuneration to go up
The allocation of money for salaries and allowances of the public sector will see an uptrend from the next fiscal after a span of four years.
D-8 Youth Summit: Dhaka for achieving SDGs engaging youth
an action plan will map out strategies on how the power of D-8 youth will be harnessed in achieving the Sustainable Development Goals (SDGs) and D-8 economic endeavours.
Bangladesh offers support to Afghanistan for development
Prime Minister Sheikh Hasina on Monday offered help to Afghanistan in their efforts for development, stressing that peace is a must for progress.
Japan confirms largest-ever loan package to Bangladesh
Dhaka, Apr 2: Japan on Friday confirmed the largest ever loan package of $ 3,393 million for Bangladesh to bankroll development projects in the country.
Bangladesh can’t have a fixed delta plan 2100: Ainun Nishat
Dutch engineers formulated the Delta Plan 2100 and implemented it in their country. The Dutch were so satisfied with their work, they thought they would expand it to other countries.
Bangladesh’s GDP to increase by 3.6 % in 2020-2021
Dhaka, Mar 31: World Bank on Wednesday forecast that Bangladesh’s Gross Domestic Product (GDP) will increase by 3.6% in 2020-2021 fiscal year, due to better than expected remittance inflows.
Corporate step on Argentina, Bolivia for Pvt Pension give-up
If Argentina and Bolivia lose the disputes, it means that impoverished citizens and elderly pensioners will have to compensate wealthy financial corporations.
Migrant workers’ wage protection system in Bahrain
Bahrain Labour Minister issued recentl;y resolution No. 22 of 2021, on the stages of applying the wage protection system for workers in Bahrain’s private sector establishments.
WB okays $250 million for Bangladesh to COVID-19 pandemic respond
Dhaka, Mar 27 : World Bank has approved $250 million to help Bangladesh create more and inclusive jobs and effectively respond to the COVID-19 pandemic for a faster recovery and stronger resilience to future crises.
Bangladesh a country of great hope, opportunity: Biden
Dhaka, Mar 26: US President Joseph R. Biden has said Bangladesh is an example of economic progress and a country of great hope and opportunity.
NBR to prioritize local industries in 2021-22 budget
Dhaka, March 25 : National Board of Revenue (NBR) will prioritize local industries in the upcoming budget to strengthen the country’s economy.
Seize the moment to recover, rebuild better: UN deputy chief
Confronting major setbacks due to the coronavirus pandemic, countries in Asia and the Pacific “must now seize the moment” to rebuild and recover better together
How CSOs are influencing pro-poor WASH budgets in Bangladesh
By Mohammad Zobair Hasan Budget tracking in water, sanitation and hygiene (WASH) helps to understand how public budget is allocated and utilized to improve access to services for all. WASH Budget tracking is a process to improve water and sanitation…
Concerns Mount over Dramatic Deterioration in Yemen Conflict
The United Nations Special Envoy for Yemen has warned that the world’s worst humanitarian crisis, is rapidly deteriorating as Yemenis, including women and children, face hunger, injury and death.
Govt to build 30,000 houses for insolvent freedom fighters
Dhaka, Mar 16 : The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved six projects, including a Tk 4123-crore one, to construct 30,000 houses for insolvent freedom fighters and their families by June 2023. The approval came…
Are High-Ranking UN Jobs Political Birthright of Big Powers?
developing countries, comprising over two-thirds of the 193 UN member states, are complaining they are not being adequately represented in the higher echelons of the world body.
Bangladesh’s dev vision: PM Hasina opens BIDF activities
Dhaka, Mar 15 (UNB) – Pursuing her government’s big development goals, Prime Minister Sheikh Hasina on Monday formally inaugurated the activities of Bangladesh Infrastructure Development Fund (BIDF). The BIDF aims to fund the country’s infrastructural development with its own resources.…
Malawian Youth removes Unemployment Tears with Agribusiness
After getting tired of searching for employment for seven years, Feston Zale from Chileka area in Malawi decided to venture into agribusiness.
New poll shows governments failing to tackle jobs crisis
One year into the global COVID-19 pandemic, the health crisis has exposed gaps in access to social protection and has left a devastating impact on working people.
Govt to import 3.5 lakh MT more rice
Dhaka, Mar 19: The government will import 350,000 metric tons of rice more in the coming days as the Cabinet Committee on Economic Affairs gave its nod in principle to a proposal of the Directorate General of Food on Wednesday.…
It is time to redesign economics
Dhaka, Mar 8 (UNB) : The world is facing an unprecedented crisis with the Covid-19 pandemic. Day after day all the failures in our economic and social system and thinking process are being revealed.
337 govt officials promoted to deputy secretaries
Dhaka, Mar 7 (UNB) : The government has promoted 337 officials to the rank of deputy secretary. The Public Administration Ministry issued two gazette notifications in this regard on Sunday. Those who have got promotion have been asked to send…
Bangladesh indomitable: FM
Foreign Minister Dr AK Abdul Momen on Saturday highlighted Bangladesh’s “indomitable” spirit with success stories in its journey towards higher development trajectory noting that the country becomes successful whatever it chases for the better.
Money Laundering: Darker Side of World’s Financial System
That’s the insidiously darker side of the world’s financial system – with millions of dollars in ill-gotten gains finding safety in offshore banks.
‘Skilled citizens to sustain recognition as developing country’
Dhaka, Feb 28: Prime Minister Sheikh Hasina on Sunday said the government is committed to sustaining the recognition as a developing country through expansion of education and building up skilled workforce and worthy citizens.
Covid-19 impact: NBR devises ways to boost revenue collection
The National Board of Revenue (NBR) has devised five strategies to boost its revenue collection offsetting the negative impacts of the Covid-19 pandemic