He said the government is maintaining communication internationally to help de-escalate the situation. “We must ensure energy security at any cost. There is no scope for compromise on this issue,” the minister said. Highlighting the recent achievements of the government, he said that efforts are underway to maintain uninterrupted supply chains and stressed the need […]
The minister said, “We have taken all steps to control inflation, and are looking at what more we can do to rein in inflation.” He also said that contractionary measures will continue for now. Aiming to tackle inflation, the Finance Minister on Thursday presented the proposed national budget of Tk 7.97 trillion for the fiscal […]
In addition, measures like constant monitoring of markets to control inflation, increasing coverage of social safety nets, automatic adjustment of fuel oil prices in line with the global market will help in having a positive impact on inflation. Several initiatives have been taken in the next budget, which includes ensuring food for all, improving the […]
Speaking about the steps taken by the Bangladesh Bank governor to control inflation, Abul Hasan Mahmud Ali said that the governor is not a separate person but a part of the government. Earlier, he was in the post of finance secretary. Some newspapers said that he is irresponsible, he did not know anything. Did he […]
In this regard, Salehuddin suggested making the interest rate market based. Mustafizur Rahman, distinguished fellow at the Center for Policy Dialogue (CPD), said the meeting discussed various aspects of the budget for the next financial year as well as ensuring further macroeconomic stability. “We have said that considering the current state of the economy, it […]
At this point the journalists pointed out, this is people's hard-earned money, so why should projects be started based on assumptions? In response, the Minister of State for Planning said that politics and development cannot always be done according to mathematical calculations. In most cases projects are started based on certain ideas. Now there are […]
In response to a question regarding inflation, the minister said, 'There is some discomfort regarding inflation. It decreases for one object but increases for another. What to do by force? Be patient, everything will be fine.” According to Economic Relations Division (ERD) data, Bangladesh paid a total of USD 2.67 billion in interest and principal […]
Finance Minister Abul Hasan Mahmood Ali believes that despite some persistent crises in the economy, Bangladesh has overcome all the issues and resumed its journey towards development. The Finance Minister was speaking to the media after International Fund for Agricultural Development (IFAD) Bangladesh Country Director Arnaud Hameliers paid a courtesy call on him at his […]
He said that Bangladeshis are in good demand in Italy as they work there with good reputation. “Italy is a very important country for us and Bangladeshi workers are working there with good reputation. We have to take advantage of this. The European Union also plans to help us in various areas,” he said. Meanwhile, […]
Impossible to meet IMF target: Finance Minister
Regarding the meeting with the delegation, the minister said that they want to expand their business in Bangladesh. “No one has failed in business in this country. We urged them to invest more in this country,” ERD Secretary Sharifa Khan said that the US wants to export soybean oil to Bangladesh. She also wants to […]
Defying official norms, Farooq Hussain, officer-in-charge (OC) of Nangalkot police station in Cumilla, has urged local residents to elect Finance Minister AHM Mustafa Kamal for another term in the upcoming national elections. He made the call on Tuesday at a discussion meeting organized to observe the National Day of Mourning. A 39-second video clip of […]
