Bangladesh Bank (BB) Governor Md. Mostaqur Rahman today assured the depositors of the Islami Bank and other troubled banks that there would be no difficulty for them as the central bank has adequate tools and liquidity support mechanisms to maintain stability in the banking sector. “Our first priority has been to stabilise the banking sector and then recapitalise it,” he said, adding that restoring confidence in the financial system remains the central bank’s foremost objective. Replying to a question at a post-budget press conference at the Osmani Memorial Auditorium in the capital, the governor said the interim government inherited a…
Author: diplomaticjourna_diplomaticjourna
Bangladesh is moving to strengthen the state-owned Bangladesh Petroleum Exploration and Production Company Limited (BAPEX) and expand domestic gas exploration as part of efforts to reduce import dependence and improve energy security. Power, Energy and Mineral Resources Minister Iqbal Hassan Mahmood said this while responding to journalists’ questions at a post-budget press conference at the Osmani Memorial Auditorium in the capital on Thursday. “The energy sector was made almost entirely import-dependent over the past 17 years,” the minister said. “Despite securing our maritime boundaries and having potential areas for exploration on land, adequate initiatives were not taken to search for…
Commerce, Industries, Textiles and Jute Minister Khandakar Abdul Muktadir today reaffirmed Bangladesh’s commitment to further strengthening bilateral relations with China, emphasizing a partnership founded on mutual respect, sovereignty, equality and shared prosperity. “The government is sincere in building sustainable relations that deliver tangible benefits to the people of both countries,” he said. The minister made the remarks while addressing the inauguration ceremony of “Bangladesh Day” at the 10th China-South Asia Expo and the 30th China Kunming Import & Export Fair 2026, at Kunming, China, said a press release here. “Today is a special day for us as we celebrate ‘Bangladesh…
Deputy Speaker of the Bangladesh Jatiya Sangsad Barrister Kayser Kamal has called for increased Chinese investment and cooperation in a wide range of sectors, including the construction of a direct Kunming–Chattogram road connectivity project and the long-delayed Teesta Barrage. He made the call today while visiting the Second Hospital of Kunming Medical University during a field inspection programme in Kunming, as part of the 7th China–South Asia Cooperation Forum and the 10th China–South Asia Expo held in China’s Yunnan Province at the invitation of the provincial governor. The Deputy Speaker said there are significant opportunities for expanding collaboration between Bangladesh…
Finance Minister Amir Khosru Mahmud Chowdhury today said Bangladesh’s economy requires a two-year cushion to recover from deep-rooted structural weaknesses, expressing confidence that the country would enter a phase of stronger growth from the third year and achieve full recovery by the fourth and fifth years. Speaking at a post-budget press conference at the Osmani Memorial Auditorium in the capital, the minister said the government inherited an economy burdened by banking-sector distress, weak institutions, rising poverty, declining investment and years of policy distortions. “Bangladesh’s economy is now at a stage where it needs a two-year cushion. We are setting the…
Prime Minister Tarique Rahman arrived in the district this morning on a daylong tour to attend different programmes, including inauguration of a canal excavation and nationwide tree plantation campaign. An aircraft carrying the Prime Minister accompanied by his spouse Dr Zubaida Rahman landed at Cox’s Bazar International Airport here around 9:53 am, said Prime Minister Additional Press Secretary Atikur Rahman Ruman. He said earlier the aircraft departed Hazrat Shahjalal International Airport in Dhaka around 9:00 am. The Prime Minister is scheduled to return to Dhaka by air at night after completing his official engagements here. On his arrival at the…
Bangladesh has called for enhanced UNDP support to strengthen climate resilience, improve access to global climate finance and ensure a smooth graduation from the Least Developed Country (LDC) category. Bangladesh’s Permanent Representative to the United Nations Salahuddin Noman Chowdhury, made the call while addressing the Annual Session of the Executive Board of the United Nations Development Programme (UNDP), the United Nations Population Fund (UNFPA) and the United Nations Office for Project Services (UNOPS) at the UN Headquarters in New York on Wednesday, according to a message received here this morning. Reaffirming Bangladesh’s commitment to working closely with UNDP under its…
Finance Minister Amir Khosru Mahmud Chowdhury is set to place his maiden national budget for the fiscal year FY27 in the Jatiya Sangsad at 3 pm today, aiming to advance Bangladesh’s transition towards a more investment-driven and “trillion-dollar economy” through higher growth targets, regulatory reforms and expanded fiscal measures. The total outlay of the budget is likely to be set at Tk 9.38 lakh crore, the largest national budget in the country’s history. This will be the first budget of the BNP government this time following a landslide victory in parliamentary election held on February 12 this year. A BNP-led…
A special cabinet meeting is underway with Prime Minister Tarique Rahman in the chair to approve the proposed national budget for the 2026-27 fiscal year. The meeting began at 10:00 am at the cabinet room in the Sangsad Bhaban here, said Prime Minister’s Deputy Press Secretary Jahidul Islam Rony. As per the tradition, the special cabinet meeting is held prior to placing the national budget in the Jatiya Sangsad. The cabinet formally approves the budget proposal at the meeting. After the meeting, Prime Minister Tarique Rahman is scheduled to join the JS sitting at 3:00pm along with Finance Minister Amir…
Prime Minister Tarique Rahman today informed the Jatiya Sangsad (JS) that the government has taken an initiative to launch the ‘e-Health Card’ programme on a pilot basis in five districts within 180 days of the formation of the government. “Under the 180-day programme, an initiative has been taken to provide ‘e-Health Cards’ to the people. A project is awaiting approval in this regard. Through this project, e-Health Card services will be launched within 180 days for the people of five districts-Khulna, Noakhali, Bogura, Sirajganj and Narsingdi,” he said. The Leader of the House said this while replying to a starred…
