Economics
Budget 2025–26: Question of sustainability for private investment
The Budget for the fiscal 2025–26, estimated at Tk 7.9 trillion is a contractionary one targeting realistic GDP growth and lower inflation at 8%. The floating exchange rate has been announced considering high foreign exchange reserve at USD 27.4 billion. Budget has given long term projection, sometimes up to 2030 showing optimism for future economic growth. However, the country at the moment is in a transition towards LDC graduation, declining growth in agriculture (from 3.30% to 1.79%), lower investment to GDP ratio (29.38%), SDGs, uncertainty because of Reciprocal tariff by USA, also non-tariff barriers by neighboughring country.
Controlling high inflation biggest challenge of budget
The size of the proposed budget for the upcoming fiscal year (2025–26) has been set at Tk 7.90 trillion. The size of the ongoing fiscal year’s budget under implementation was Tk 7.98 trillion. Accordingly, the budget size will decrease by Tk 80 billion. For the upcoming fiscal year, an allocation of Tk 2.30 trillion has been made for the Annual Development Programme (ADP) which is Tk 350 billion less than the current fiscal year’s ADP allocation. In the new ADP, the target for foreign loans has been reduced by Tk 150 billion. In the upcoming fiscal year, Tk 850 billion will be taken in foreign loans.
Meghna Bank partners with BRAC EPLInvestment Limited for issuing BDT 400 Crore 2nd Subordinated Bond
Recently, Meghna Bank PLC has signed an agreement for its 2nd Subordinated Bond worth BDT 400 crore with BRAC EPL Investment Limited, who is acting as the sole arranger of the issuance. The signing ceremony took place in the presence of senior officials from both organizations.
Discrimination-reducing budget expected from interim govt
In the face of a challenging global economy, creating a budget in a densely populated country like ours is a difficult task. It cannot be confined within the conventional rules of economics. Among the sectors essential for the social, economic, moral, and intellectual development of a nation, education is one of the most important.
IFIC Bank hosted a workshop titled “Cluster Financing 2025 – Munshiganj District.”
Under the directive of Bangladesh Bank and with the theme "Integrated Development and Financing," IFIC Bank- country's largest bank in terms of branch and uposhakha network-successfully organized a day-long workshop titled "Cluster Financing 2025 – Munshiganj." The event took place recently at a convention center in Munshiganj Sadar, in collaboration with 32 Government and Private Banks.
BRAC Bank hosts seminar on “Next Front: Reimagining Financial Leadership for the Future”
BRAC Bank recently convened a high-impact corporate seminar titled “Next Front: Reimagining Financial Leadership for the Future”, engaging Chief Financial Officers (CFOs) and senior financial leaders from Bangladesh’s foremost corporate conglomerates.
Inauguration of 'Japanese Language Center' at Dr. Momtaz Begum University of Science and Technology
The “Japanese Language Center” was recently inaugurated at Dr. Momtaz Begum University of Science and Technology, located in Bhairab of Kishoreganj district. This initiative was taken by Premier Bank Foundation.
Islami Bank Holds Board Meeting
A meeting of the board of directors of Islami Bank Bangladesh PLC was held on May 22, 2025 Thursday at Islami Bank Tower.
‘Steel Mill Sub Branch’ of Mercantile Bank shifted at new location
The “Steel Mill Sub Branch” of Mercantile Bank PLC has been shifted at new location today (22.05.2025) to provide latest and developed banking services in spacious arrangement.
Prime Bank signs strategic partnership with ShareTrip
Prime Bank PLC, a leading financial institution renowned for its commitment to innovation and customer-centric solutions, has entered into a strategic partnership with ShareTrip, a pioneering travel-tech company.
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