Measures needed to increase revenue
To meet conditions of IMF Mahfuja Mukul: Lower-middle-class people disoriented by rising inflation. In such a context, there is no effective action to control commodity prices in the upcoming 2024-25 fiscal year budget. On the other…
Read More »Tk 1.14 tr to be spent on interest payments
Farhad Chowdhury: Every fiscal year, the government has to borrow from various sources to meet the budget deficit. As a result, interest expenditure on the government has doubled in the last five years. In the financial…
Read More »Govt should design plan to manage $100 b loan
Mahfuz Emran: The government listens to the IMF with a loan of less than $5 billion, while the diaspora, which has provided hundreds of billions of dollars in the last five fiscal years, has no value.The…
Read More »PM Hasina witnesses draft of ‘Mujib in Calcutta’ docu
Staff Correspondent: Prime Minister Sheikh Hasina on Sunday witnessed the draft copy of the documentary ‘Mujib in Calcutta’ made depicting the Kolkata life of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.She reviewed the draft documentary…
Read More »Over 8 lakh people evacuated to shelters
Cyclone Remal Staff Correspondent: Over 8 lakh people have so far been evacuated to shelters as cyclone Remal is approaching Bangladesh coast, said State Minister for Disaster Management and Relief Md Mohibur Rahman.He urged the people…
Read More »Market becomes place of panic for consumer
Prices of everything out of reach Zarif Mahmud: The commodity market has now become a place of panic for the consumers. Because the price of every product has gone up and out of reach. When you…
Read More »Rental-IPPs eaten up power sector subsidies
Syed Nasir Hossain: The cost of power generation has been increasing rapidly for three years. Even if the price is increased, the large deficit of income and expenditure can’t be covered. This is increasing the losses…
Read More »Cyclone strengthens prompts signal 7 at Payra, Mongla
‘Remal’ likely to hit Bangladesh by today evening Staff Correspondent: Cyclone Remal has intensified from a deep depression over the central Bay of Bengal, making landfall around 9:00 pm this evening. Maritime Ports of Mongla and…
Read More »Outstanding bank loan Tk 5.5 trillion
Staff Correspondent: The defaulted loans in the banking sector stood at Tk 1 lakh 45 thousand 633 crore in December. Which was Tk 42 thousand 715 crore ten years ago. If we add bad loans with…
Read More »Rice production decreasing but increasing population
Farmers lost interest in rice Mahfuja Mukul: The government aims to double rice productivity in the country (compared to 2015) by 2030 to ensure food security for the growing population. For this reason, although various plans…
Read More »Arrears of foreign LC stood at Tk 12,000cr
Mahfuz Emran: The liability of foreign back to back LCs for import of raw materials for the export sector has increased to Tk 12 thousand crores or $101 crores. Last September, the outstanding amount was $76…
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