Economy

The International Monetary Fund on Wednesday gave Moldova access to about $27 million, after the crisis lender deemed that Ukraine’s neighbor had taken strong steps on fiscal governance and anti-corruption. The loan is part of a...

Bangladesh will receive a $200 million loan during the current fiscal year 2022–2023, according to Asian Development Bank (ADB) Country Head Edimon Ginting. This loan is being processed for a number of government development initiatives. This...

According to the International Monetary Fund (IMF), increased fiscal instability and a decline in agricultural output will cause Zimbabwe’s economic growth to decrease to around half of what it was last year. According to Dhaneshwar Ghura,...

In spite of the forex crisis in the nation, Bangladesh received inbound remittances of more than $1 billion (1008.67 million) in the first 15 days of September, according to UNB. Remitters are buoyed by the taka’s...

Martin Raiser, the World Bank’s vice president for the South Asia region, makes his first trip to Bangladesh tomorrow and will be in Dhaka. Raiser will meet with the Finance Minister and other top government officials...

The UK’s jobs market, which has been buoyant since the economy began to recover from the pandemic, might be starting to turn, experts have warned. Although the unemployment rate fell to 3.6% in the three months...

US annual inflation slowed slightly in August, largely thanks to falling gasoline prices — but likely not enough to satisfy the Federal Reserve and President Joe Biden, as high prices continue inflicting pain on Americans. The...

The Bank of England has postponed a key decision on interest rates following the death of Queen Elizabeth II. It said that “in light of the period of national mourning”, the Monetary Policy Committee’s decision would...

In a significant expansion of the crisis-ridden nation’s government, Sri Lanka swore in 37 junior ministers on Thursday, including two for the crucial finance ministry. Since gaining its independence from Britain in 1948, the island of...

Approximately $7.8 billion (Tk 750 billion) in remittances are lost to Bangladesh annually as a result of money laundering by at least 5,000 Mobile Financial Service (MFS) agents working there. After apprehending 16 members of that...