Trade deficit drops by 4.41% in 8 months
Trade deficit drops by 4.41% in 8 months

In the first eight months of the current fiscal year (July-February), the foreign transaction equilibrium has shifted towards a positive flow.As a result, the negative situation in foreign trade has decreased, and the trade deficit has reduced by 4.41percent. Experts believe this is due to the...

Revenue deficit stands at Tk42,000cr in 5 months
Revenue deficit stands at Tk42,000cr in 5 months

Chief Advisers Press Secretary Shafiqul Alam on Sunday said that the interim government has decided to impose VAT to reduce the revenue deficit, not in compliance with the conditions from the International Monetary Fund (IMF). The press secretary said, The tax-to-GDP ratio in Bangladesh has been...