The United Nations Committee for Development Policy has recommended Bangladesh's graduation from Least Developed Country (LDC) status along with Nepal and Lao PDR. Taffere Tesfachew, chair of the CDP subgroup on LDCs, shared the decision of recommendation at a briefing last night after the second triennial review of the LDC category of UN CDP. ...
The country's foreign exchange reserves today hit a new record of $44.02 billion thanks to the upward trend of remittance and lower import payments, Bangladesh Bank data showed. The reserves, one of the major macroeconomic indicators of an economy, touched the $41 billion mark on October 28 and rose to $42 billion on December 15 and $43 billion...
Prime Minister Sheikh Hasina said the struggle to establish the primacy of Bengali as the mother language started by the Father of the Nation paved the way for Bangladesh's independence.Hasina also urged the people to take pride in their heritage and history as Bangalees while virtually addressing the presentation ceremony of the Ekushey Padak-2...
The Executive Committee of the National Economic Council (Ecnec) on Tuesday approved the South Asia Subregional Economic Cooperation (Sasec) Dhaka-Sylhet Corridor Road Development project, aiming to ensure Bangladesh's overall economic development. The Sasec corridor, which involves Tk16,918.59 crore, will improve the country's road connectivit...
Just as it had been for past LDC status graduates, Bangladesh will also not face a lot of challenges afterwards for already having proven its economic resilience and potential for sustainable growth, according to a government study. It can be confidently stated that Bangladesh is going to graduate from its least developed country (LDC) status w...
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