ASYCUDA to be Primary Source For Export Data

The interim government is set to finalize a Tk 2.16 trillion Revised Annual Development Programme (RADP) for FY25, reducing current allocations by Tk 490 billion. The Bangladesh Planning Commission plans to cut Tk 300 billion from internal resources and Tk 190 billion from external resources (project aid).

The interim government has introduced a new system for calculating interest rates on various savings certificates to offer better returns amid rising inflation. Starting from January 1, 2025, the interest rates will be linked to the government’s treasury bond rates, providing a more dynamic and higher yield to fixed-income savers.

The Purchasing Managers' Index (PMI) for Bangladesh dipped slightly to 61.7 in December from 62.2 in November, signaling slower but steady economic expansion. Despite the decline, the index remains above the 50-point growth threshold, indicating continued growth in business activity.

The government’s domestic borrowing from banking and non-banking sources rose significantly in July-October FY25, reaching Tk 392.18 billion, or 24.4% of the annual target of over Tk 1.60 trillion.

The Ministry of Finance has approved Tk637.80 crore to support the families of those martyred in the July uprising and to ensure medical treatment for injured protesters. Disbursements will begin on 10 January 2025, though the full amount will not be available immediately; a portion will be provided now and the rest after June from the next fiscal year's budget.