A “controlled” budget to be proposed in next FY
A “controlled” budget to be proposed in next FY

The interim government plans to present a controlled budget due to resource constraints and economic crisis. Sources confirmed that the upcoming budget (2025-26) will not be increased much to restore normalcy in the macro economy. A source in the Finance Division said that allocation in the...

Denmark boosts Greenland defence after Trump’s remark
Denmark boosts Greenland defence after Trump’s remark

BBC reported the Danish government has announced boost in defence spending for Greenland, hours after US president-elect Donald Trump repeated his desire to purchase the Arctic territory. Citing Danish Defence Minister Troels Lund Poulsen, the report said the package was a double digit billion...

Govt's bank loans reach Tk 59516 crore in first quarter of fiscal year
Govt's bank loans reach Tk 59516 crore in first quarter of fiscal year

To cover the budget deficit, the government borrowed Tk 59,516 crore from the banking system in the first four months of FY 2024-25, with a significant portion directed to repaying debt to Bangladesh Bank. A confidential report from Bangladesh Bank reveals that the Ministry of Finance raised Tk...