Third Week of August – YPF Bangladesh this Week

Timeframe: 14th August – 20th August 2021

Contributors:
Zaima Nuzhat, Sayed Mohammed Tawsif Zaman, and Sayere Nazabi Sayem.

1. Economy 

Govt to borrow additional Tk 73 billion in August

To meet the recurrent spending, the government wants to borrow some Tk 73 billion through treasury bills and bonds during the rest of the ongoing August.

As a part to borrow the money from the financial market, Bangladesh Bank is set to hold an auction of a 10-year Treasury bond today. Tk 15 billion is targeted to be mobilized by selling the bond

Source: The Financial Express

2. Education

Educational institutions may reopen in September: Government to decide after all students vaccinated

From $2.6 billion in the last fiscal year, this year the amount was 1.87 billion. Even in the last month, June 2021, the amount was $1.94 billion. In one month the amount was 3% less.

Source: The Financial Express

3. Sports

Bangladesh recall Mushfiqur, Liton, drop Mithun for NZ T20Is

The selectors on Thursday announced a 19-strong squad, as opposed to the 17-man squad against Australia, with youngsters and bowling alternatives in the mix for the five-match series against New Zealand which kicks off on Sep 1.

Source: The Financial Express

4. Agriculture

Panchagarh groundnut farmers happy over bumper yield

Department of Agriculture Extension (DAE) office sources said about 11,795 hectares of land have been brought under groundnut cultivation in all five upazilas in the district with the production target of 24,000 tons of groundnut.

Source: Dhaka Tribune

5. Expert Opinion

Penalising victims of child marriage isn’t the right way to go

Two 15-year-old minors were recently sentenced to one month’s imprisonment by a mobile court in Netrokona for getting married before they were legally old enough to do so.

Keeping that aside, the very provision of penalising the children for committing child marriage does not make much sense when the law itself refers to the minor involved in a child marriage, as a “victim” or “aggrieved person” in several places. It is unconceivable as to how a law, which is meant to address the plight of the victim of child marriage, is contemplating penalty for that very victim.

Source: The Daily Star

6. National News

The stock index fell by 15 points after a four-day hike

Stocks dropped yesterday after a four-day gaining streak due to the profit booking tendency among investors in the banking, non-bank financial institution (NBFI), and mutual fund sectors.

The DSEX, the benchmark index of the Dhaka Stock Exchange (DSE), fell 15 points, or 0.22 per cent, to 6,771 yesterday.

Source: The Daily Star

7. Achievements of Bangladeshis

Rasel, an 18-year-old from Tharukgaon, receives recognition for making the Guinness World Record in skipping.

Rasel achieved the feat by skipping 145 times in 30 seconds, breaking the previous world record if 144 skips. The 18-year old skipped 258 times in a minute. This is also a new world record.

He received the official recognition certificates on July 29.

Source: The Business standard

Disclaimer: The information provided here is obtained solely from the third parties mentioned above. Youth Policy Forum (YPF) is not responsible for any misinformation or misrepresentation.

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