State Minister for Power, Energy and Mineral Resources Nasrul Hamid on Wednesday said that the government is committed to ensure energy security in the country. “The overall price of oil and gas has increased in the global context so it is very difficult to maintain energy security. But efforts are underway to
Tag: Govt
Borders unprotected due to govt’s knee-jerk policy: BNP
Voicing concern over the prevailing tension along the Myanmar frontier, BNP on Monday alleged that the borders of Bangladesh have become unprotected due to the knee-jerk foreign policy of the current Awami League government which it says has usurped power without public support. Speaking at a press briefing at the party’s
Govt not doing anything to harass Dr Yunus: Anisul
AP, DHAKA Law, Justice and Parliamentary Affairs Minister Anisul Huq today said the government is not doing anything to harass Nobel Laureate Dr Muhammad Yunus. "Government has not filed any false case against him (Dr Yunus). The government is not harassing him. That case was filed by the labourers. The department which
Govt eyes $2b export earnings from jute products in 2-3 yrs: Nanak
Textiles and Jute Minister Jahangir Kabir Nanak has said the government eyes to increase yearly export earnings from jute and jute goods to $2 billion within next two-three years. "Every year, Bangladesh exports on an average jute and jute goods worth $1 billion. We want to double the export earnings within
Govt seeks $500m WB loan to bolster reserves
The Bangladesh government has asked the World Bank’s ‘Second Recovery and Resilience Development Policy Credit’ for a $500 million loan to stabilise the economy and strengthen its foreign exchange reserves. The Ministry of Finance recently asked the World Bank for an additional $250 million in budget support for the current fiscal
Govt to procure 3.36m MMBtu LNG, 90,000 MTs of fertiliser
The government today approved separate proposals for procuring some 33.60 lakh MMBtu LNG, 90,000 metric tons of fertilizer and 50,000 metric tons of wheat to meet the growing demand of the country. The government would also procure some 1.10 crore liters of refined soybean oil and 25,000 metric tons of lentil
Govt pushing country towards confrontation: Fakhrul
BNP Secretary General Mirza Fakhrul Islam Alamgir on Wednesday accused the government of pushing the country towards a confrontational situation to hold another lopsided election. Speaking at a press conference at their party chairperson's Guslhan office, he also alleged that the government is moving ahead with its plan to hold the
Govt hopes to restore pre-Covid momentum in economy
The government is hoping to return the economy to its pre-COVID growth momentum by the end of the current fiscal (2023-24), although that presents a significant challenge in the face of a clutch of economic headwinds. The government's vision for economic recovery is outlined in the "Medium Term Macroeconomic Policy Statement
Govt to work with EU to boost trade, investment: Tipu
Commerce Minister Tipu Munshi on Wednesday urged the European investors who already invested here and have been successfully operating their businesses to advocate for Bangladesh's competitiveness in the global arena. "You come and see. Let's take the message to investors," he said while speaking at a seminar as the chief guest. The
Govt to procure edible oil, lentil, fertilizer
Cabinet committee on government purchase (CCGP) in a virtual meeting on Wednesday approved a number of proposals including procurement of edible oil, lentil and fertiliser. Finance Minister AHM Mustafa Kamal presided over the meeting. As per the approved proposals, placed by the Ministry of Commerce, its subordinate body Trading Corporation of Bangladesh