The World Bank (WB)'s outgoing country director Mercy Miyang Tembon commended Bangladesh's overall socioeconomic development including women empowerment under the leadership of HPM Sheikh Hasina. She expressed her appreciation while she paid a farewell call on Prime Minister Sheikh Hasina at the latter's official residence Ganabhaban in the capital. She also applauded Bangladesh premier for rolling out Ashrayan Project (home for homeless), a scheme under HPM Sheikh Hasina’s personal initiative that seeks to ensure home for all. In reply, the premier said both husband and wife are the owner of the house being given under the project, and they are utilizing the land in their house premises for growing vegetables.
Bangladesh is being affected by ‘economic conditions elsewhere in the world’ as the country is now facing soaring prices of energy and food following the Covid-19 pandemic and Russia-Ukraine war. These have led to energy shortages and rising import bills that are, in some cases, straining the ability of the country of 160 million people to keep up with debt payments. These observations came at a recent article published at UK-based Financial Times titled, “Bangladesh is being killed by economic conditions elsewhere in the world” authored jointly by Benjamin Parkin in Dhaka and John Reed in New Delhi. On top of these, HPM Sheikh Hasina, who unlike any other leaders, is a development driven leader but focus remained over the projects having immediate economic spin offs.
n a move to bring down fuel prices, as earlier announced by Honourable Prime Minister (HPM) Sheikh Hasina, the government has slashed import duties on two key essentials – diesel and rice – by over 10%. The Internal Resource Division under the Ministry of Finance issued two separate statutory regulatory orders in this regard this week. With the reduction, the duty on diesel imports comes down to 22.75% and that of rice to 15.25%. The decision to increase prices of fuel in Bangladesh had been largely attributed to the soaring prices due to Russia Ukraine conflict though the country still offers the cheapest price in South Asia.
The 18th anniversary of the gruesome grenade attack on an anti-terrorism rally Bangladesh Awami League (AL) organized and led by then elected opposition leader Sheikh Hasina in the capital on 21 August, 2004, is being marked with heavy hearts on Sunday. On this day in 2004 during the BNP-Jamaat coalition government, this unprecedented grenade attack was carried out on a peaceful anti-terror rally of the then opposition, Awami League, on Bangabandhu Avenue in the capital. In observance of the day, HPM Sheikh Hasina said it was a “disgraceful day” in national history and accused the BNP-Jamaat alliance of “directly patronising” the attack. She said it aimed to trample over the country’s independence, sovereignty, democracy and the spirit of the Liberation War, while leaving the Awami League and Bangladesh without a leader and perpetuate conspiracy, terrorism, militancy, corruption and misrule.
Bangladesh has been unanimously elected a member of the Executive Committee of the Commonwealth Board of Governors for the term 2022-2024, in a further show of growing diplomatic stature of the youngest nation in South Asia under the prudent leadership of HPM Sheikh Hasina. The Executive Committee is mandated to oversee all matters related to finance, personnel and administration of the Commonwealth Secretariat. Unanimous victory of Bangladesh to the Executive Committee (ExCo) and the Accreditation Committee is a reflection of Bangladesh's deep commitment, contribution and leadership at the Commonwealth of Nations which was the first international organization where Bangladesh got membership after its independence under the prudent leadership of the Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
Braving global headwinds, Bangladesh exported readymade garments worth $9.58 billion US dollar to European Union (EU) countries in five months- January to May, this year, according to a report of the European statistical agency ‘Eurostat’. According to the statistics, garments exports from Bangladesh to the European Union increased by 44.95% and the country exported a total of $9.58 billion US dollar during the said period. On the other hand, after exporting bandwidth to the northeastern Indian state of Tripura, this time Bangladesh is going to export bandwidth to the state of Assam. An entity operated by the Assam state government, Assam Electronics Development Corporation Limited, has confirmed the import of 30 Gbps bandwidth from Bangladesh.
The United Kingdom will continue to provide Bangladesh with duty-free access to its market after the country’s graduation from the LDC category. British High Commissioner to Bangladesh Robert Chatterton Dickson said this while responding to a query about the duty-free market access for Bangladesh after the LDC graduation. The British government announced a new scheme named “Developing Countries Trading Scheme” in place of the existing GSP. According to the new scheme, 98% of Bangladesh’s products will be eligible for the duty benefit after LDC graduation. The British High Commissioner spoke on different issues and answered various questions from stakeholders including political leaders, business leaders, economists, academia and journalists an event.


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