(9th JANUARY 2021 TO 15th JANUARY 2021)
Contributors : Malik Araf, Shudipto Ahmed and Mohammad Sifat.
Riding on surged remittance and private sector growth, Bangladesh's economy will promptly bounce back cushioning the virus fallouts in the current fiscal year, the Bangladesh Bank projects. In a report titled "Monetary Policy Review December 2020" on Wednesday, the central bank explained that streaming remittances will help increase domestic demand, which will pave the way for attaining the economic growth target of 7.4% set for the fiscal 2020-21.
Source: The Business Standard
Chattogram Custom House has achieved 2.41% positive growth despite an 8% negative growth in container transport amid the Covid-19 pandemic in the first six months of the fiscal 2020-21.This success in revenue collection by the country's largest customs house amid the pandemic-struck global economic crisis is seen as a positive sign among relevant quarters. According to custom house sources, the revenue collected in the six months from July to December of the current financial year was Tk21,664.42 crore. In the same period in 2029-20, revenue collection amounted to Tk21,155.24 crore.
Source: The Business Standard
A fresh project aimed at developing Bangabandhu Sheikh Mujib Shilpa Nagar in Chattogram as a green city has been turned down twice on account of overestimated costs. For instance, the project proposal has sought Tk14 crore for per kilometre road construction, while the allocation for a similar road under an ongoing project in the industrial city is Tk6.5 crore. Interestingly, the Bangladesh Economic Zones Authority (Beza), which is implementing a similar project at much lower costs, has made the proposal for the new project, seeking way more than what was allocated in the ongoing one.
More: The Business Standard
Source: The Daily Star
Health and Family Welfare Minister Zahid Maleque today said Bangladesh has the capacity to preserve 14 to 15 crore Covid-19 vaccine doses.The government has formed 7,344 vaccine distribution teams, he said, adding each team has been formed comprising six health workers for proper distribution of Covid-19 vaccines.The health minister said as many as 42,000 health workers are being given training as part of the efforts for proper distribution of vaccines.
Source: The Daily Star
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