Explore IRC's study on worldwide child marriage surge post-climate disasters, urging collaborative action for protection and support.
Startup Bangladesh is an initiative by the Bangladesh government to create new opportunities, develop technical skills and help realize the vision of Digital Bangladesh.
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Apparel/Garments Dhaka plans to reduce budget deficit back within 5% by FY25 01 Dec '22 2 min read Pic: Shutterstock The Bangladesh government recently said it wants to reduce the budget deficit back within 5 per cent of the gross domestic product (GDP) by the 2024-25 fiscal (FY25) from 5.5 per cent now. An official budget document projected the budget deficit for FY24 at 5.1 per cent. The revised deficit in FY22 was 5.1 per cent. The deficit for FY21 was 3.7 per cent.The current deficit remains higher than the norm prior to the outbreak of the COVID-19 pandemic: the deficit averaged 3.5 per cent of GDP in FY15-FY19.A potentially huge global supply-side shock may reduce growth and push up inflation, affecting the post-pandemic recovery, the document said.The Bangladesh government recently said it wants to reduce the budget deficit back within 5 per cent of the gross domestic product (GDP) by the 2024-25 fiscal (FY25) from 5.5 per cent now. An official budget document projected the budget deficit for FY24 at 5.1 per cent. The revised deficit in FY22 was 5.1 per cent. The deficit for FY21 was 3.7 per cent.#The size of the country’s GDP for FY23 is Tk 44,49,959 crore, the document said. It will be Tk 49,91,337 crore for the FY24 while Tk 56,06,269 crore for FY25.To mitigate the budget deficit, the government would bank on internal resources, he said.The 12-month average inflation in the country was 5.6 per cent for FY21. Considering the inflation scenario of trade partners, inflation projection for FY22 is as high as 5.8 per cent and 5.6 per cent for FY23, Bangladeshi media reported.Point-to-point inflation on the other hand, is moving higher to 6.29 per cent on March 22 which was 5.56 per cent in the previous year. Fibre2Fashion News Desk (DS) More Apparel/Garments News - Bangladesh...
Bangladesh Government Official Calendar 2018, Government Holiday list 2018 (বাংলাদেশ সরকারের ছুটির তালিকা 2018, বাংলাদেশ সরকারী ক্যালেন্ডার 2018), Bangladesh Government and Non Government School Holiday 2018, Ministry of Public Administration, Government of the People's Republic of Bangladesh Published 2018 list of the holidays.
The government of Bangladesh cancelled the operating license of one of the country’s leading human rights groups.
Pursue a diploma in surveying in Bangladesh to kickstart your career in land surveying and geomatics. Find out more on our blog!
The Bangladesh government is drafting guidelines to tackle the rising incidence of fires in the Sundarbans, the world’s largest mangrove forest, as intensifying human activity raises the risk of burning in the region. “We have already decided to formulate an SOP [standard operating procedure] which will act as a guideline for all stakeholders, including forest […]
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Bangladesh government has signed a $100 million grant financing agreement with the World Bank to scale up access to energy, water, sanitation services and disaster-resilient infrastructures for the Rohingya and host communities.
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Apparel/Garments Bangladesh forms minimum wage board for RMG workers 10 Apr '23 2 min read Pic: Shutterstock/hanifphoto1 Insights The Bangladesh government recently formed the minimum wage board to review wages of the country's readymade garment (RMG) workers. A ministry of labour and employment circular announced appointment of the representatives of the RMG sector owners and workers for the board, which has four permanent members, headed by senior district judge Liaquat Ali Molla. The Bangladesh government recently formed the minimum wage board to review wages of the country's readymade garment (RMG) workers. A ministry of labour and employment circular announced appointment of the representatives of the RMG sector owners and workers for the board.Former Bangladesh Garment Manufacturers and Exporters Association (BGMEA) president Mohammad Siddiqur Rahman and Bangladesh National Garment Workers Employees League president Sirajul Islam Rony have been appointed representatives for owners and workers respectively, the circular said.The Bangladesh government recently formed the minimum wage board to review wages of the country's readymade garment (RMG) workers. A ministry of labour and employment circular announced appointment of the representatives of the RMG sector owners and workers for the board, which has four permanent members, headed by senior district judge Liaquat Ali Molla.The wage board has four permanent members, headed by senior district judge Liaquat Ali Molla.Other permanent members are Bangladesh Employers' Federation representative Moksud Belal Siddiqui, workers' representative and Jatiya Shramik League leader Sultan Ahmed, and independent member and Dhaka University professor Mohammad Kamal Uddin.The minimum wage was reviewed last in 2018 and set at Tk 8,000 for an entry-level worker with Tk 4,100 as basic pay, Tk 2,050 as house rent, Tk 600 as medical allowance, Tk 350 as transport allowance, and Tk 900 as food allowance.There is a demand now for Tk 23,000 as the minimum wage, with 65 per cent basic payment, according to Bangladeshi media reports.Labour unions are also demanding 65 per cent hike of the basic pay for the 7th grade, the lowest grade in the wage structure of the garment workers, saying the government had announced minimum wages for the RMG workers four times since 2006, but unfortunately basic wages decreased every time in the name of raising allowances. Fibre2Fashion News Desk (DS) More Apparel/Garments News - Bangladesh...
Bangladesh’s economic crisis will not go away if the government does not strictly adhere to the conditions tagged with the International Monetary Fund’s 42-month loan programme, said the lender’s top official.
Martin Raiser, the World Bank’s vice president for the South Asia Region, arrives in Dhaka tomorrow to discuss further reforms with the government for the support package sought to help Bangladesh tide over the period of global economic turmoil.
Security between India and Bangladesh has always been a matter of grave concern for the government and people of both countries. For both countries development of their nation is more important and as such they have concluded several agreements from time to time. According to the 1996 accord between them, both countries were expected to...
Are you planning to extend your stay in Bangladesh? This article explores the steps to apply for a Bangladesh Visa Extension.
Textiles Inflation, monetary policy stifling Bangladesh's exports: Experts 16 Feb '24 2 min read Pic: Adobe Stock Insights Taking part in a BIISS seminar, the stakeholders stressed revising national tariff policy for better export prospects. Foreign minister Dr. Hasan Mahmud, lawmaker Md Abul Kalam Azad, and other government officials addressed the seminar. Economist Dr. Mahfuz Kabir noted despite global inflation, Bangladesh's exports remained relatively resilient. Inflation and a contractionary monetary policy are emerging as significant hurdles to export growth, according to experts.At a seminar on export diversification organised recently by the Bangladesh International Institute of Strategic Studies (BIISS), stakeholders emphasised the need for revising the national tariff policy to be more ‘exporter friendly.’Foreign minister Dr. Hasan Mahmud, along with other prominent figures like lawmaker Md Abul Kalam Azad, Masud Bin Momen (foreign secretary), Tapan Kanti Ghosh (senior secretary, ministry of commerce), and Wahida Akhter (secretary, ministry of agriculture), addressed the seminar.Taking part in a BIISS seminar, the stakeholders stressed revising national tariff policy for better export prospects. Foreign minister Dr. Hasan Mahmud, lawmaker Md Abul Kalam Azad, and other government officials addressed the seminar. Economist Dr. Mahfuz Kabir noted despite global inflation, Bangladesh's exports remained relatively resilient.The discussion, chaired by BIISS chairman A F M Gousal Azam Sarker, shed light on critical issues affecting the export dynamics.Economist Dr. Mahfuz Kabir highlighted inflation’s global prevalence and its varying impact on export volumes.He stressed the importance of prioritising exporters and providing policy incentives to mitigate hurdles posed by inflation and tariff policies, perceived as anti-export bias.Dr. Kabir pointed out that the rise in policy interest rates globally adversely affected production for export markets, compounded by inflationary pressures in major export destinations.He advocated for export basket diversification to reduce dependence on a single sector, which could be exploited by the buyers.Foreign minister Dr. Hasan Mahmud echoed the sentiment, underlining the government’s awareness of evolving geopolitical dynamics and its prudent decision-making approach even as he emphasised export diversification to boost earnings. Fibre2Fashion News Desk (DR) More Textiles News - Bangladesh...
The International Chamber of Commerce (ICC) Bangladesh has suggested that the government bring about appropriate policy changes through Bangladesh Bank to digitalise Bangladesh’s trade with countries abroad in context of the state of local and global economies.
Enough of introduction. Let’s get you through the amazing places of this small but picturesque island, Saint Martin Bangladesh.
The unexploited potential for regional trade is estimated at 93% for Bangladesh, says World Bank
Proper education is the backbone of a nation and If a nation provides a proper educating system, then the nation will develop in a short time. Bangladesh government takes necessary steps to develop and digitalize educating system at the school level. As a result, the progress of education at school
Find out how to use a bangladesh Transit Visa to get to your final destiantion. See the requirements, validity, fees and how to apply.
Bangladesh’s economy grew at 6.07 percent in July-September of the current fiscal year, the first time the government has published the quarterly growth figure of gross domestic product (GDP).
Bangladesh will outplay Pakistan’s auto industry in the coming years. Here’s the complete analysis of Bangladesh Auto Policy.
Bangladesh government has declared one day of state mourning for tomorrow marking the deaths in the earthquake in Turkey and Syria.
