Tag: Govt

Govt seeks $500m WB loan to bolster reserves

- Times Report -

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

- Times Report -

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

- Times Report -

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

- Times Report -

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

- Times Report -

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

- Times Report -

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

Govt to import of 4cr eggs: Commerce Secy

- Times Report -

In an effort to keep the prices of eggs stable, the government on Monday approved import of 4 crore eggs, said Secretary to the Commerce Ministry Tapan Kanti Ghosh. "The government will regularly monitor the market to check the price of eggs and if no improvement is seen then approval will

Govt ‘plotting to kill’ Khaleda : BNP

- Times Report -

BNP on Sunday alleged that the government is 'plotting to kill' party chief Khaleda Zia by not allowing her to go abroad for treatment. "The popular leader of the country, who has been fighting for democracy throughout her life, is facing death at a hospital today after being convicted in a

Govt won’t budge an inch from constitution: Quader

- Times Report -

Awami League (AL) General Secretary Obaidul Quader Tuesday said the AL government will not budge an inch from the constitution as the party will not bow down to anyone. "We don't want any caretaker government which was during the BNP's regime. We will do everything as per the constitution. We won't

Govt out to legitimise human rights violators: BNP

- Times Report -

BNP Secretary General Mirza Fakhrul Islam Alamgir on Saturday accused the government of trying to give legitimacy to all the human rights violators by including Inspector General of Police Benazir Ahmed in Bangladesh delegation to the United Nations Chiefs of Police Summit at the UN. Speaking at a press conference at