Financial Account Adjustment Leads to BoP Surplus of $2.23 Billion
Bangladesh’s financial account has turned positive after a correction of export anomalies amounting to nearly $14 billion by the Bangladesh…
Bangladesh Bank Extends Usance Period for Raw Material Imports
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Bangladesh Bank Extends Usance Period for Raw Material Imports
Bangladesh Bank has extended the usance period for imports of industrial raw materials, agricultural machinery, and chemical fertilizers by another…
BB Announces Revised Export Incentive Plans for FY25
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BB Announces Revised Export Incentive Plans for FY25
Bangladesh Bank (BB) has introduced new export incentives and cash assistance for 43 sectors in fiscal year 2024-25, effective from…
IMF Recommends Amending BBO to Enhance BB’s Autonomy
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IMF Recommends Amending BBO to Enhance BB’s Autonomy
The International Monetary Fund (IMF) has recommended amending the Bangladesh Bank Order (BBO) to prioritize the central bank’s autonomy and…
IMF Recommends 50 Basis Point Repo Rate Increase by December
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IMF Recommends 50 Basis Point Repo Rate Increase by December
The International Monetary Fund (IMF) has recommended that Bangladesh’s central bank increase its policy rate by 50 basis points by…
Bangladesh Bank Reports 50% Gap Between Net and Gross Reserves
The gap between Bangladesh’s foreign exchange gross reserves and net reserves is widening. As of April, the IMF reported Bangladesh’s…