Bangladesh: The national flower, the water lily, features in the heart of Dhaka’s business district, Motijheel
One of the great success stories for Bangladesh Bank and the Ministry of Finance has been the successful implementation of a thriving micro-finance sector. The entrepreneurial spirit runs deep in Bangladesh and micro-financing is helping some of the country’s 1 million SMEs and small entrepreneurs to get their businesses moving – vital to the economy considering that 90 % of private businesses in Bangladesh are SMEs.
According to the Ministry, GDP increase during the current fiscal time(2012-13) is 6.03 %. Inflation is witnessing a downward trend, standing at 7.09 % (April 2013), compared to 9.93 % in the same month last year.
- Related Articles
- Bangladesh News
- AFGHANISTAN: Revised IMF forecasts signal gloom on global economic outlook
- AFGHANISTAN: Oxfam Study Finds Richest 1% Is Likely to Control Half of Global Wealth by 2016
- BANGLADESH: Pahela Baishakh celebrated more visibly after independence
- BANGLADESH: HSBC, a trusted familiar face and name
- BANGLADESH: PM seeks Brunei’s investment in Bangladesh
- BANGLADESH: The Bangladesh Garment Manufacturers and Exporters Association (BGMEA)
- Trending Articles
- RUSSIA: Russia can encounter problems with gas supply via Turkish Stream
- UNITED STATES: Negotiations are ongoing between Ankara and Brussels
- TURKMENISTAN: Turkmenistan reveals plans on gas output
- MYANMAR: Myanmar refuses to recognise the Rohingya as one of its ethnic groups.
- GHANA: Can the IMF save Ghana’s currency?
- MAPUTO CITY: Mozambique Commodities Exchange in pilot phase until the end of 2015
- PETROLEUM / MINING : Russia can encounter problems with gas supply via Turkish Stream
- BUSINESS / TRADE: Negotiations are ongoing between Ankara and Brussels
- PETROLEUM / MINING : Turkmenistan reveals plans on gas output
- SOCIAL / CSR: Myanmar refuses to recognise the Rohingya as one of its ethnic groups.
- STOCK MARKET / FINANCE: Can the IMF save Ghana’s currency?
- STOCK MARKET / FINANCE: Mozambique Commodities Exchange in pilot phase until the end of 2015