Foreign currency reserves have crossed US$31 billion mark at the end of June 2025 due to a record inflow of remittances this fiscal year 2024-25 (FY25). The country’s gross reserves have risen to $31.68 billion, according to data released by the Bangladesh Bank (BB) today. The surge came after a significant increase in remittance inflows, which reached $30.33 billion in FY25– the highest ever in any fiscal year in the country’s history. However, as per the International Monetary Fund (IMF) methodology under the Balance of Payments and International Investment Position Manual (BPM6), Bangladesh’s net reserves currently stand at US$26.66 billion.
Author: diplomaticjourna_diplomaticjourna
Bangladesh Nationalist Party (BNP) Chairperson Begum Khaleda Zia today called for maintaining unity to institutionalize democracy. “We must ensure that this stream of blood of July uprising heroes (martyrs) and the stream of tears of mothers do not go in vain. Unity must be maintained. Let us all together realize the dream of Shaheed Zia by building a new Bangladesh,” she said. Khaleda Zia was virtually addressing a discussion marking the first anniversary of the July-August mass uprising organized by BNP at Bangladesh-China Friendship Conference Center here. The discussion titled ‘Mass Uprising 2024: National Unity and Democratic Movement’ and a…
US President Donald Trump urged Hamas on Tuesday to accept a 60-day ceasefire in Gaza, saying that Israel had agreed to finalize such a deal, as its forces also stepped up operations in the Palestinian territory. Trump, in a post on social media, said his representatives had met with Israeli officials about the raging conflict, ahead of Prime Minister Benjamin Netanyahu’s visit to Washington next week. “Israel has agreed to the necessary conditions to finalize the 60 Day CEASEFIRE, during which time we will work with all parties to end the War,” Trump wrote. He said representatives of Qatar and…
During his official visit to Morocco, Youth and Sports Adviser Asif Mahmud Shojib Bhuyain held a high-level meeting with Director-General of the Islamic World Educational, Scientific and Cultural Organization (ICESCO) Dr Salim M. AlMalik at the organisation’s headquarters in Rabat on Tuesday. ICESCO is an intergovernmental body of 53 Muslim-majority countries. In the meeting, Adviser Asif Mahmud praised ICESCO’s ongoing initiatives under Dr AlMalik’s leadership in the fields of education, science, innovation, environment, health, and culture across the Muslim world, according to a message received here. He highlighted that the Government of Bangladesh places the highest priority on youth in…
Chief Adviser Professor Muhammad Yunus today inaugurated a month-long programme to commemorate the July Uprising at his office here. “We will observe this (July Uprising) every year so that we can resist autocracy soon after we see any sign of it,” he said while opening the programme around 11 am. The chief adviser said the July Uprising will be observed to resist reemergence of autocracy in the country. “We want to consolidate the unity again…hard time ahead but there is an immense potential as well,” Prof Yunus said. He urged the countrymen to observe the July Uprising as a month…
The government has declared services under the National Board of Revenue (NBR) particularly at customs houses, inland container depots, bond commission rates, and customs stations, as ‘essential services’ under the public interest to safeguard essential trade and foreign commerce. To this end, the Ministry of Labour and Employment today issued a gazette notification, signed by its secretary A H M Shafiquzzaman. According to the gazette notification, services under the NBR are essential for meeting the revenue collection targets of the government and for keeping the financial management of the government dynamic.
Home Adviser Lieutenant General (Retd) Md Jahangir Alam Chowdhury today said the government will ensure adequate measures to help celebrate an event from July 1 to August 5 marking the July mass uprising that dislodged the previous fascist Awami League (AL) government. “A big event is going to take place from July 1 to August 5. We held discussions about the matter. Different political parties and socio-cultural organizations will hold many programmes nationwide. We discussed on how to hold the programmes in unhindered way,” he said. The Home Adviser was speaking to journalists after emerging out of a meeting of…
Anti-discrimination student movement’s key coordinator Nahid Islam has said stiff determination of resistance brought victory in days of uncertainty and fear during the historic July uprising, recounting the terrible moments he encountered, Awami League-sponsored mass murder, merciless crackdown and attacks on protesters. “On the final days of Awami League regime fall, we were gripped by uncertainty and fear. But, we were steadfast in movement, we were committed to resist by the end that eventually made us victorious during July uprising,” he said. Targeted by state forces, Dhaka University’s sociology department’s student Nahid was abducted, tortured, and subjected to physical and…
Bangladesh saw an unimaginable start of fall of the autocratic Awami League (AL) regime on the very first day of July last year as the day was gripped by student protests turning the ‘quota reform movement’ into an ‘anti-discrimination student movement’. The people of the country even never imagined the quota reform movement which started getting momentum on the first July eventually to be evolved into “July Uprising” participated by student-mass people, ending the almost 16 years autocratic rule of AL. The displeased students merely heralded the protest to press their demand of rescinding the quota system in government jobs after…
(BSS/AFP) – Tropical storm Flossie strengthened into a hurricane late Monday night off the southwest coast of Mexico, according to the US National Hurricane Center. The agency said the storm was 280 kilometers (174 miles) away from the city of Manzanillo in the western Mexican state of Colima, where it was generating maximum sustained wind speeds of 120 kilometers an hour (75 mph).
