
$42bn forex reserves: enough?
A record $48.02 billion in August last year, sufficient to pay import bills for up to one year, has declined steadily
A record $48.02 billion in August last year, sufficient to pay import bills for up to one year, has declined steadily
The World Bank had set his removal from the project as a pre-condition for funds, alleging corruption
The country has struggled to pay for fuel, food and medicine imports due to a severe shortage of foreign currency
The world's largest coal miner will import the fuel for use by utilities, as shortages raise concerns about renewed power outages
Russia and Ukraine account for nearly a third of global wheat supplies
Bangladesh is set to graduate to a developing nation in 2026
The energy-hungry nation expects local coal supply to fall 42.5 million tonnes short of demand in the September quarter
The world's biggest importer of wheat is straining to extract whatever it can from a local harvest now in full flow
Energy security has become a top priority for importers as forecasts of tighter gas supplies and volatile prices in the next few years are keeping buyers on edge
If parliament approves the proposal, businesses are going to experience such a reduction for the third consecutive fiscals