May 17, 2025, 10:49 am
Business-Economy

IMF finally agrees to release $1.3bn loan in June

Staff Correspondent: The International Monetary Fund (IMF) has finally agreed to disburse the next two tranches of its $4.7 billion loan package for Bangladesh, amounting to $1.3 billion, in June.

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Govt’s Boro procurement slows despite 9.0pc rate hike

Staff Correspondent: Despite a 9.0 per cent hike in procurement rates, the government’s ongoing ‘Boro’ purchase drive is progressing in a slow pace with traders attribute the situation to higher

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Budget 2025-26: Govt to borrow less from banking sector

TDS Desk: In order to meet the budget deficit, the government plans to borrow less from the banking system in the upcoming fiscal year 2025–26. In the current fiscal year

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Any bank, nonbank can go under state ownership temporarily

TDS Desk: Any scheduled bank or financial institution, including troubled Islamic banks, may go under government ownership for bringing stability in the noncompliant commercial lenders under a latest reform panacea.

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Naogaon’s mango harvest to begin on May 22, sales expect over Tk 3500cr   

Naogaon Correspondent: As mango harvesting is going to begin in the district from May 22, the growers expect that the sales of the summer fruit in the district may exceed

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Govt to run more oil-fired power plants: Energy Adviser

Staff Correspondent: The government is planning to use more oil-fired power plants and ramp up fuel imports to meet the growing demand of electricity in the ongoing summer and upcoming

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