Energy Bangla

Finance Minister Amir Khosru Mahmud Chowdhury has proposed to allocate Tk 173.45 billion for the power and energy sectors in the upcoming 2026-27 fiscal year, The amount is Tk 3.93 billion higher than the allocation for the outgoing fiscal year. In his budget speech in parliament on Thursday, he said that the allocation is based on the importance of the power and energy sectors, which have been struggling heavily since... »

Finance Minister Amir Khosru Mahmud Chowdhury today unveiled a record Tk 9.38 lakh crore national budget for the FY27 outlining the BNP government’s comprehensive roadmap to shape a human economy. “The government is rolling out the budget aiming at restoring macroeconomic stability, accelerating investment and employments, expanding social protection and steering Bangladesh towards becoming a one-trillion-dollar economy by 2034,” said the minister. This was the maiden budget for the Finance... »

Indian billionaire Gautam Adani has once again emerged as Asia’s wealthiest individual, after shares in his sprawling conglomerate posted steep gains on Friday, adding billions to his personal fortune in a single session. According to Forbes, Adani’s net worth swelled by nearly $2.5 billion in one day, bringing his total wealth to $89.2 billion. The jump placed him ahead of fellow Indian tycoon Mukesh Ambani, whose fortune currently stands at... »

State Minister for Power, Energy and Mineral Resources Anindya Islam Amit has said that if fuel prices decline in the international market, they will also be reduced in Bangladesh. He stated that the government was compelled to adjust fuel prices due to global market realities and the ongoing crisis in the Middle East. The State Minister made these remarks on Monday while speaking to journalists at the Secretariat in response... »

The heads of the International Monetary Fund, World Bank and International Energy Agency warned on Friday of the risks to fuel security during peak demand summer months if oil shipping through the Strait of Hormuz does not return to normal. “Global oil inventories are being drawn down at a record pace in response to the major loss of supply through the Strait of Hormuz,” the heads of the agencies said... »

Asian Development Bank (ADB) President Masato Kanda met Prime Minister Tarique Rahman in Dhaka to discuss Bangladesh’s development priorities during a visit that highlighted funding announcements totaling $5 billion. “Bangladesh is entering a critical new phase,” said Mr. Kanda. “ADB will help the country protect hard-won stability, unlock new sources of growth, and build a more diversified and resilient economy that delivers better jobs and wider opportunity.” During the visit,... »

The National Economic Council (NEC) today approved an Annual Development Programme (ADP) outlay worth Taka 3,00,000 crore for the 2026-27 fiscal year aiming to sustain inclusive economic growth, strengthen infrastructures, enhance social protection and accelerate climate-resilient development. The new ADP for the fiscal year 2026-27 has been designed with a reform-oriented and inclusive development vision aimed at ensuring sustainable economic growth, balanced regional development and administrative modernization. NEC Chairman and... »

The trade agreement with the United States will not be canceled. However, any provisions found to be imbalanced will be reviewed. Bangladesh is emphasizing the importance of utilizing the Bangladesh–U.S. trade agreement in a way that serves mutual interests. A U.S. trade delegation, led by Assistant U.S. Trade Representative for South and Central Asia Brendan Lynch, is currently visiting Bangladesh on a three-day trip. On Tuesday, the delegation held separate... »

Minister for Power, Energy and Mineral Resources, Iqbal Hasan Mahmud Tuku, has said that the load-shedding situation is expected to improve somewhat within the next few weeks, as efforts are underway to gradually overcome the ongoing crisis. He made these remarks on Monday while speaking as the chief guest at the “Bangladesh-China Renewable Energy Forum” organized by the Centre for Policy Dialogue (CPD). The minister noted that outstanding payments to... »

Bangladesh has sought assistance from the International Monetary Fund (IMF) to address the economic challenges arising from the ongoing war situation, particularly in the energy sector. The IMF has expressed its willingness to stand by Bangladesh. IMF’s Director for Asia and the Pacific Department, Krishna Srinivasan, met with Prime Minister Tareq Rahman at the Secretariat. Various related issues were discussed during the meeting, according to sources. A review meeting regarding... »