{
Muhammad Yunus

People

}
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001122334455554433221100

bjp condemns foreign funding as interference in indian electoral process

Elon Musk's Department of Government Efficiency has canceled a $21 million grant aimed at boosting voter turnout in India, citing concerns over government efficiency and questionable overseas political activities. The BJP condemned the funding as "external interference" in India's electoral process, linking it to foreign influence, particularly from George Soros. Additionally, $29 million intended for political strengthening in Bangladesh has raised suspicions of U.S. involvement in recent political upheavals there.
ndtv.com
Nepalese Rupee Bangladeshi Taka United States Dollar Indian Rupee SRB BGD IND MLI USA LBR Amit Malviya Sheikh Hasina Joe Biden Muhammad Yunus Elon Musk Donald Trump George Soros Show more
Politics & Governance, News Article
07:28 16.02.2025

World Bank supports Bangladesh's economic reforms for inclusive growth and stability

World Bank Vice President Martin Raiser concluded his visit to Bangladesh, reaffirming support for economic reforms aimed at inclusive and sustainable growth. He met with key government officials, emphasizing the need for improved governance and transparency during the political transition. New lending is being prepared to address recovery from recent floods, energy sector challenges, and air pollution in Dhaka.
Mirage News
United States Dollar BGD Martin Raiser Muhammad Yunus
Politics & Governance, Press Release
11:13 13.02.2025

Adani Power threatens to cut electricity supply to Bangladesh over unpaid dues

Adani Power Jharkhand Limited has warned Bangladesh that it will cut electricity supply if outstanding dues of nearly $850 million are not settled by November 7. The company has already halved its power output, leading to a shortfall of over 1,600 megawatts, due to unpaid bills. Despite the Bangladesh Power Development Board making weekly payments, the total charges have exceeded payments, resulting in accumulating debts.
Moneycontrol
United States Dollar Adani Power Limited Adani Group Bangladesh Power Development Board Bangladesh Krishi Bank Power Grid Bangladesh PLC BGD Muhammad Yunus Sheikh Hasina Gautam Adani Show more
Finance & Economy, Press Release
04:55 03.11.2024

bangladesh central bank chief exposes massive bank looting under former government

Bangladesh's central bank chief has condemned the unprecedented theft of nearly $17 billion from banks, orchestrated by businessmen linked to former Prime Minister Sheikh Hasina, often under duress. Following Hasina's fall, the new leadership aims to reform the banking sector and recover stolen funds, highlighting systemic corruption and mismanagement that led to repeated bank bailouts. The S. Alam Group, a major player in this scandal, is accused of exploiting political connections to siphon off vast sums, leaving the banking system in disarray.
Neue Zürcher Zeitung
United States Dollar Islami Bank Bangladesh plc BGD Abdul Mannan Ahsan Mansur Sheikh Hasina Muhammad Yunus Mohammad Saiful Alam Show more
Regulatory & Legal, News Article
06:30 30.10.2024

bangladesh raises interest rates again to combat persistent inflation

Bangladesh's central bank has raised the key policy rate for the fifth time in 2024, increasing it by 50 basis points to 10% to combat persistent inflation, which reached 9.9% in September. The move aims to implement a contractionary monetary policy amid ongoing political instability and rising food prices. Additionally, the standing lending facility rate was raised to 11.50%, while the standing deposit facility rate increased to 8.50%.
bloomberg.com
United States Dollar International Bank For Reconstruction And Development - World Bank Trust Funds IMF Bangladesh Bank Autonomous Organisation BGD Muhammad Yunus Joe Biden Show more
Finance & Economy, Market Report
12:31 22.10.2024

world bank supports bangladesh's economic reforms and anti-corruption initiatives

The World Bank is eager to support Bangladesh's interim government in its economic reform agenda, focusing on areas like banking, taxation, and anti-corruption. Vice President Martin Raiser expressed excitement about the reforms and highlighted the need for increased foreign direct investment. Chief Adviser Professor Muhammad Yunus emphasized a commitment to tackling corruption and enhancing labor reforms to boost investor confidence.
The Daily Star
Bangladeshi Taka United States Dollar World Bank Trust Funds BGD Lutfey Siddiqi Martin Raiser Lamiya Morshed Abdoulaye Seck Muhammad Yunus Show more
TradFi, News Article
09:52 13.10.2024

world bank supports bangladesh in inclusive growth and recovery reforms

World Bank Vice President Martin Raiser concluded his visit to Bangladesh, pledging support for reforms aimed at achieving inclusive and sustainable growth. The World Bank's $2.3 billion program will enhance economic resilience, aid flood recovery, and support the Rohingya population. Raiser emphasized the need for improved governance and job creation for the 2 million youth entering the job market annually.
Mirage News
Bangladeshi Taka United States Dollar World Bank Trust Funds MMR BGD Rohingya people Bangladesh Bank Governor Martin Raiser Professor Muhammad Yunus Muhammad Yunus Show more
TradFi, Press Release
13:44 19.09.2024
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