Raising private investment to be tricky: Analysts

The government’s target to raise private investment to 24.2 percent of GDP will be challenging given the trend in last several years and the ongoing liquidity crisis in the banking sector. Private investment has been hovering around the 22-23 percent mark for long....

8.2 % GDP growth projected in budget

Finance Minister AHM Mustafa Kamal, in his budget speech, has projected the Gross Domestic Product (GDP) growth rate at 8.2 percent in the proposed national budget for 2019-20 fiscal. “Our commitment is to achieve the growth rate nearly at 10 percent by FY2023-24 and...

Highest ever export earnings in May

Bangladesh raked in $3.81 billion in exports in May, the highest single month receipts in history, riding on the higher shipment of apparels, official data showed yesterday. The earnings clocked 14.78 percent year-on-year growth in May and also beat the monthly target...

Sluggish deposit growth poses stability risks: Bangladesh Bank

The continued slowdown in deposit growth can go on to raise concerns of stability of the banking sector, said a Bangladesh Bank report — in a pressing call to the government to cut down the interest rate on national savings certificates. Deposit growth in the...