Massive investment in renewable energy and green infrastructures is necessary to leave a greener world for future generations, said experts at a conference today. "Bangladesh needs low interest loans to deal with climate change impacts.
The Bangladesh Bank (BB) has unveiled the monetary policy today for the new fiscal year raising policy rate and cutting down private sector credit growth aiming to check inflation by tightening money flow in the market. The policy rate also known as repo rate was increased to 5.50% from 5% in the new monetary policy the governor announced on Thursday (30 June). The regulator
Keeping import payments manageable while maintaining stability in the foreign exchange markets will be a critical challenge for the economy, apart from keeping inflation at a tolerable level, said Bangladesh Bank yesterday.
Bangladesh’s trade deficit is projected to be $33 billion in the outgoing fiscal year as export earnings and remittances continue to fall below the overall import cost, said Bangladesh Bank in its monetary policy for the next fiscal year.