WB powers Bangladesh energy surge
The World Bank (WB) has announced that it will invest $217 million to revive Bangladesh’s creaking energy infrastructure. In a statement released on their website, the organisation told the world that an agreement had been signed.
The deal was between the International Development Organisation and government of Bangladesh, to upgrade a section of the Ghorashal power station. This development would more than double the power station’s electricity generating capacity.
This upgrade will be signal a technological milestone. The ‘Ghorashal Unit 4 Repowering 
Creating more, better jobs BD’s top dev priority: WB Group
The World Bank Group has endorsed a new Country Partnership Framework (CPF) to help Bangladesh achieve its vision of reaching middle-income country status by 2021 from the current lower-middle income status.
According to a statement of the Washington-based lender received here on Wednesday, the CPF for 2016 to 2020 will help the country reduce poverty and boost shared prosperity, reports Xinhua.
The CPF, discussed by the Bank Group’s Board of Executive Directors, will help Bangladesh create more and better jobs for the 2.1 million youths entering the job market every year, it said.
Inflation picks up in March as food prices rise
Bangladesh’s annual inflation edged up in March, driven by an increase in the price of food items, the planning minister said on Tuesday.
Consumer prices in March were 5.65 percent higher than a year earlier, up from a rise of 5.62 percent in February when the figure hit a 41-month low, the minister, Mustafa Kamal, told a 
news conference.
Annual food inflation in March rose to 3.89 percent from 3.77 percent the previous month while non-food inflation decreased to 8.36 percent from 8.46 percent.
The governmen...
news conference.
Annual food inflation in March rose to 3.89 percent from 3.77 percent the previous month while non-food inflation decreased to 8.36 percent from 8.46 percent.
The governmen...
GDP reaches at 7.03pc, GNI at $1466
The country's GDP (gross domestic product) growth registered a phenomenal rise in the first nine months (July-March) of the current 2015-16 financial year (FY16), reaching 7.05 percent while the per capita income (GNI) surged to $1466.
Referring to the latest report of the Bangladesh Bureau of Statistic (BBS), Planning Minister 
AHM Mustafa Kamal termed the economic growth as an extraordinary achievement in the country's economic front, reports BSS.
The minister was briefing journalists after the meeting of the National E...
AHM Mustafa Kamal termed the economic growth as an extraordinary achievement in the country's economic front, reports BSS.
The minister was briefing journalists after the meeting of the National E...
Forex reserves hit record $28.27b
Bangladesh’s foreign exchange reserves hit a record $28.27 billion at the end of March, the central bank said on Sunday, thanks to steady exports and slow import growth due to falling global commodities prices.
The reserves, sufficient to cover eight months’ worth of imports, were 22.6 percent higher than forexat the same period last year.
at the same period last year.
Rising garment exports and steady remittances from Bangladesh nationals working overseas, two mainstay revenue generators for the impoverished country ...
forexat the same period last year.
at the same period last year.
Rising garment exports and steady remittances from Bangladesh nationals working overseas, two mainstay revenue generators for the impoverished country ...
