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BB introduces crawling peg, sets Tk 117 per USD as mid-point

BB introduces crawling peg, sets Tk 117 per USD as mid-point
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BB likely to discard SMART formula as interest rate surges

In July last year, the central bank withdrew the 9 percent lending rate cap and introduced the Six-months Moving Average Rate of Treasury bills (SMART). ....

Sadiq Ahmed , Mustafak Mujeri , Bangladesh Bank , World Bank , International Monetary Fund , Research Institute Of Bangladesh , Six Months Moving Average Rate , Policy Research Institute ,

What does new remittance, export data mean for economy?

The fall in exports in April led to a slowdown in overall exports, which hit 3.93 percent in the ten months since July, the first month of the current fiscal year, compared to 4.39 percent in the July-March period of the same fiscal. ....

Sadiq Ahmed , Mustafak Mujeri , International Monetary Fund , Bangladesh Bank , Institute For Inclusive , World Bank , Research Institute , Bangladesh Institute Of Development , Policy Research Institute , Inclusive Finance , Bangladesh Institute , Development Studies ,

Reforms can generate Tk 15 lakh crore additionally by 2035

In the study, the Policy Research Institute of Bangladesh (PRI) found that by 2035, the government would be able to raise 6.8 lakh crore at the current pace of collections. If reforms are carried out, it will go up to Tk 21.1 lakh crore. ....

Sadiq Ahmed , Waseqa Ayesha Khan , Rahmatul Muneem , Ahsanh Mansur , Ashraf Ahmed , Dhaka Chamber , National Board Of Revenue , World Bank , International Monetary Fund , Research Institute Of Bangladesh , Hotel Amari Dhaka , Policy Research Institute , Domestic Resource Mobilisation , National Board , Hena Md Rahmatul Muneem , Ayesha Khan ,

Sudan's RSF Establish Civilian Administration in Gezira State

In a surprise move, Sudan's Rapid Support Forces (RSF) have set up a civilian administration for Gezira State in central Sudan. The team comprises 31 members, led by Sadiq Ahmed. This decision follows chaos in the state since the army withdrew from the Wad Madani base on December 18 last year, which the RSF took over. The RSF announced the formation of a civil council, electing Ahmed as its head. The election took place with significant participation from local civil society figures. ....

Gezira State , Al Jazirah , Shamal Kurdufan , Wad Madani , Gharb Darfur , Sadiq Ahmed , Ahmed Mohamed Al Bashir , Sudan People Liberation Movement , Sudan Rapid Support Forces , Localities Community , Rapid Support Forces , West Darfur , South Darfur , Central Darfur , East Darfur , Ahmed Mohamed , Sudan People , Liberation Movement North , South Kordofan State ,