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    Finance and Economy

    Bangladesh: Foreign Grants for Development Projects Mostly Misdirected

    Officials said that development partners reduced grants for infrastructure projects following Bangladesh's graduation from Lower- Income Countries (LIC) status to Lower Middle- Income Country (LMIC) in 2013.

    Nepal Moves Forward with Key Anti-Corruption Legislation amid Growing Public Concern

    The amendment’s approval follows extensive deliberations among lawmakers and stakeholders.

    BNP Calls for Transparency in Power Contracts Signed During Awami League Rule

    Speaking at a press conference, BNP standing committee member and former state minister for power Iqbal Hasan Mahmud Tuku emphasised the need for transparency.

    Sri Lanka Engages IMF for Restructuring of State Owned Enterprise; Prioritises Poverty Alleviation and Rural Development

    SOEs, including SriLankan Airlines, Sri Lanka Telecom, and Ceylon Petroleum Corporation, have long been plagued by mismanagement and inefficiencies, burdening taxpayers.

    Sri Lankan Workers Depart for Israel Amid Controversy Over Human Rights Concerns

    The situation places Sri Lanka’s Left-of-Centre government in a precarious position as it seeks to balance economic imperatives with human rights concerns.

    Bangladesh Plans Maiden Climate Bank Amid Banking Sector Challenges

    The proposed Green Bank is envisioned as a specialised institution under a global-standard climate-bank model, with a paid-up capital of Bangladeshi Taka 3.24 billion.

    ADB, World Bank Approve $1.1 Billion Budget Support for Bangladesh

    Beyond the budget support, the World Bank has approved $379 million for the health and nutrition sector and $280 million for the development of the water supply system in Chattogram.

    Pakistan’s Food Exports Rise by 19.58 Per Cent; Imports Drop by 11.13 Per Cent in Five Months

    The positive growth in food exports, coupled with a reduction in imports, highlights Pakistan’s progress in leveraging its agricultural and food production capabilities.
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    Latest News

    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.

    Bangladesh: Commission Pushes Sweeping Legal Reforms to Eliminate Gender Disparities

    The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.

    UN Trade Body Urges US to Exempt Vulnerable Economies from Tariff Hikes amid Rising Trade Tensions

    Despite their marginal impact, many of these countries could face tariff rates as high as 50 per cent, such as Lesotho, while Cameroon could face 11 per cent.

    Must read

    World Economy Teeters on Recessionary Edge amid Rising Trade Tensions and Financial Uncertainty, UNCTAD Warns

    The report stresses that as the world stares down the possibility of a widespread recession, the urgency for cohesive, multilateral solutions has never been greater.

    Bangladesh: Commission Pushes Sweeping Legal Reforms to Eliminate Gender Disparities

    The commission called for enforcement of the existing rule mandating 33 per cent women’s representation in political parties under the Representation of the People Order. It also proposed institutional reforms within parties to address corruption and create enabling environments for women.
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