Bangladesh's budget deficit forecasted by the government for the next fiscal year could be at risk if the growth undershoots the authorities' relatively optimistic target, said Fitch Ratings.
Bangladesh to depend heavily on indirect tax in new fiscal year too bdnews24.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from bdnews24.com Daily Mail and Mail on Sunday newspapers.
Bangladesh has averted a potential major crisis by reaching out to the International Monetary Fund (IMF) in a timely manner, said Kaushik Basu, a former chief economist of the World Bank.
A huge amount of money is being laundered from Bangladesh to different countries, including Canada’s Begumpara and the UAE’s Dubai, said Agriculture Minister Muhammad Abdur Razzaque.