Business-Economy

Govt eyes leaner budget, less debt

Staff Correspondent: In the upcoming fiscal year’s budget, the government is set to significantly reduce its target for borrowing from banks. This decision aims to minimize the budget deficit and

87pc dried fish deemed safe, 13pc contains pesticides: Study

Staff Correspondent: Only 13 percent of dried fish produced in Bangladesh were found to contain traces of pesticides, while the remaining 87 percent are considered safe for consumption, according to

Inflation to fall to 5pc by May 2026

Staff Correspondent: Bangladesh Bank Governor Dr Ahsan H Mansur hopes inflation will come down to 5 percent by May next year. “I hope that inflation will come down to 8

BD eyes $3bn in loan support from IMF, dev partners by June

Staff Correspondent: The finance ministry has said there is a strong possibility that the International Monetary Fund (IMF) will disburse the fourth and fifth tranches of its loan to Bangladesh

18 banks await BB sign-off on financial reports

Staff Correspondent: Delays in the regulatory approval process have left 18 banks, accounting for half of all stock market-listed banks, unable to finalise their annual financial reports. As a result,

Govt plans to align official land price with market rates

Staff Correspondent: The government plans to regularly update the official land price, aligning with the market rates to eliminate the gap between the actual sale price and the deed value