The government has initiated a move to increase government land prices from the next fiscal year, reports bdnews24.com.

The government has speeded up process of installing two power plants on an urgent basis to add a total of 360-megawatt (mw) electricity to the national grid in order to reduce the prevailing power shortfall.

Remittance inflow jumped 25 per cent to $4,861 million during the July-April period of the current fiscal, with blue-collar workers accounting for more than half, Bangladesh Bank statistics revealed.

Bank clients are feeling discomfort in making transactions as National Board of Revenue (NBR) asks commercial banks for providing information on dubious accounts as part of the ongoing anti-corruption drive.

The National Board of Revenue (NBR) has found that 57 per cent of the businesses surveyed do not pay income taxes depriving the government of a large amount of revenues.

Trade deficit widened by 18 per cent as the country imported goods worth over $10 billion and exported only $7.97 billion worth of commodities in the July-February period of the current fiscal year, according to the Bangladesh Bank’s monthly update.