The total cost of the Rooppur Nuclear Power Plant project is Tk 1,14,225 crore, with the majority financed by Russia.
Bangladesh and India began a two-day meeting to review Indian-funded projects, which have been running behind schedule.
The government’s borrowing from domestic sources surged in the first half of FY25, primarily driven by a substantial increase in the issuance of special bonds, particularly those issued to clear arrears to electricity and fertiliser producers, as well as treasury bills (T-bills) and bonds targeting institutional and individual investors.
The test run may start by the end of 2025 after a year's delay as the gridline on the Padma river is taking longer than anticipated to materialise
In a first, the ministries and divisions would be allocated more funds than they are seeking in the revised development budget for this fiscal year as the government attempts to rev up a slowing economy.
The government has set an ambitious revenue growth target in this fiscal year’s revised budget given that three major multilateral development partners are stressing ramping up domestic resource mobilisation.
The government has planned to increase foreign financing by around 15 percent and reduce bank borrowing by 28 percent in the revised budget for this fiscal year to tame inflation.
The total cost of the Rooppur Nuclear Power Plant project is Tk 1,14,225 crore, with the majority financed by Russia.
Revision comes due to slow project implementation
Bangladesh and India began a two-day meeting to review Indian-funded projects, which have been running behind schedule.
The test run may start by the end of 2025 after a year's delay as the gridline on the Padma river is taking longer than anticipated to materialise
The government’s borrowing from domestic sources surged in the first half of FY25, primarily driven by a substantial increase in the issuance of special bonds, particularly those issued to clear arrears to electricity and fertiliser producers, as well as treasury bills (T-bills) and bonds targeting institutional and individual investors.
In a first, the ministries and divisions would be allocated more funds than they are seeking in the revised development budget for this fiscal year as the government attempts to rev up a slowing economy.
The government has set an ambitious revenue growth target in this fiscal year’s revised budget given that three major multilateral development partners are stressing ramping up domestic resource mobilisation.
The government has planned to increase foreign financing by around 15 percent and reduce bank borrowing by 28 percent in the revised budget for this fiscal year to tame inflation.
The planning ministry is now set to present the project proposal to the Ecnec for final approval.
The finance ministry is likely to project that the country’s gross domestic product (GDP) will surpass the $500-billion mark for the first time in the upcoming fiscal year (FY), anticipating an economic rebound in FY 2025-26.
