The government Monday approved separate proposals for procuring some 16 lakh metric tons of crude oil, 12.90 lakh metric tons of fuel oil and some 90,000 metric tons of fertilizer from various sources to meet the growing demand of the country. The procurement proposals were approved in the 41st meeting of
Tag: ECNEC
Govt set to invest big amount for digitalisation
ECNEC clears Tk 2,542cr for EDGE project The Executive Committee of National Economic Council (ECNEC) Tuesday cleared the 'Enhancing Digital Government and Economy (EDGE)' project involving a huge amount of Tk 2541.64 crore, aiming to turn Bangladesh into a digital economy. Bangladesh Computer Council (BCC) under the ICT Division will implement the
Matarbari coal-fired power project gets costlier
The Executive Committee of National Economic Council (Ecnec) on Tuesday cleared the first revision of Matarbari 2X600 MW Ultra Supercritical Coal Fired Power Project, raising its cost by Tk 15,870 crore and extending the deadline up to December 2026 from June 2023. The approval came from the weekly Ecnec meeting held
Govt rolls back Jhilmil Flyover project
The government has cancelled the Shantinagar to Dhaka-Mawa (Jhilmil) Flyover project taken under public-private partnership (PPP) as the ministry concerned took it off from the PP list. The cabinet committee on economic affairs at a meeting on Wednesday approved a proposal of the Rajdhani Unnayak Kartipakkha (Rajuk) to cancel the project. The
ECNEC okays project to upgrade Tangail-Delduar Highway
The Executive Committee of the National Economic Council (ECNEC) Monday approved a Taka 1,435.89 crore project to upgrade the Tangail-Delduar-Louhati-Saturia-Kawalipara-Kalampur bus stand road regional highway to due standard and width to ensure safe and uninterrupted road communication system. The approval came in the 5th ECNEC meeting of the current fiscal year
Mymensingh to get a modern bridge over Brahmaputra
The Executive Committee of National Economic Council (Ecnec) on Tuesday cleared eight projects, including a Tk 3,263.63-crore one to construct Kewatkhali Bridge over the Brahmaputra River in Mymensingh. The approval came from the weekly Ecnec meeting held with Ecnec Chairperson and Prime Minister Sheikh Hasina in the chair. The PM joined the
Govt offers hope for returnee expats
The government on Wednesday approved a Tk 427-crore project to rehabilitate two lakh expatriates as some five lakh Bangladeshi workers returned home losing their overseas jobs amid the Covid-19 pandemic. The Executive Committee of the National Economic Council (Ecnec) approved the big project at an Ecnec meeting held virtually with its
ECNEC okays 10 projects worth Tk 4,167cr
The Executive Committee of National Economic Council (Ecnec) on Tuesday cleared 10 development projects involving Tk 4,167 crore. The approval came from the Ecnec meeting held at the NEC conference room here. Ecenc Chairperson and Prime Minister Sheikh Hasina chaired the meeting, joining it through a videoconference from Ganobhaban. "Today 10 projects,
Inflation declines to 5.26 in May
The inflation rate declined by 0.30 percent in May, 2021 as it came down to 5.26 percent from 5.56 percent in April 2021. "The general point-to-point inflation rate in May 2021 fell to 5.26 percentage point," said Planning Minister MA Mannan on Tuesday while briefing reporters after the Ecnec meeting. He said
Govt to construct 30 modern silos for paddy storage
The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved a Tk 1400-crore project to construct 30 modern silos, aiming to increase the overall paddy storage capacity by 1.5 lakh metric tons in the country. The approval came from an Ecnec meeting held virtually with its Chairperson and Prime