Planning Adviser Dr. Wahiduddin Mahmud has assured that the upcoming national budget will be responsible and sustainable. “It will not burden the next fiscal year,” he said. While the size of the Annual Development Programme (ADP) has been reduced, allocations will be increased in health and education. Around 2,500 doctors and healthcare workers will be recruited, and operating funds for the health sector will be adjusted accordingly. Provisions for repaying teacher welfare dues and other debts have also been included. The budget aims to control inflation, increase revenue collection, reduce foreign debt, improve implementation capacity, and ensure a sustainable economic framework.

Chaired by the Chief Adviser, the National Economic Council (NEC) has approved a Tk 2.3 trillion Annual Development Programme (ADP) for the fiscal year 2025-26—Tk 350 billion less than the previous year. Of the total allocation, Tk 1.44 trillion will come from the government’s own funds, while Tk 860 billion is expected from foreign assistance. An additional Tk 85.99 billion will be contributed by implementing agencies from their own sources, bringing the total ADP size to Tk 2.385 trillion.

Sector-wise allocation includes:

25.64% for transport and communications

14.8% for power and energy

12.42% for education

9.9% for housing and community facilities

7.89% for health

Together, these five sectors account for 69.93% of the total ADP allocation.

India has imposed a ban on the import of Bangladeshi garments through its northeastern land ports. From now on, shipments will only be allowed via Kolkata and Nhava Sheva seaports. Analysts say this move may be even harsher than U.S. tariffs on China. This development follows Bangladesh’s own restrictions, imposed about a month ago, on importing yarn through several land ports including Benapole, Bhomra, Sonamasjid, Banglabandha, and Burimari.

Dr. Salehuddin Ahmed, a former central bank governor and current economic adviser, criticized banks for failing to provide prompt customer service. He cited a recent case where a senior civil servant was kept waiting for an hour because the bank lacked sufficient cash—only to be paid after the branch borrowed money from the central bank. “This is unacceptable. Banks must ensure customers receive timely service,” he said. He stressed the growing importance of card-based transactions and warned that Bangladesh must overcome significant challenges to graduate from LDC status by 2026. Sharing his experience in Europe, he said, “Nobody accepts dollars there—only euros and cards. For businesspeople, credit cards are essential.”

Bangladesh Bank Deputy Governor Dr. Habibur Rahman has said the central bank will intervene if the USD exchange rate increases excessively. “We’ve taken preemptive measures to prevent banks from inflating the rate. Any manipulation will be met with strict action,” he warned.

Economist Anisuzzaman Chowdhury added, “Economic reform doesn’t require drastic changes. Countries like Japan turned their economies around in just 15 years.” He emphasized the importance of coordinated policy implementation. Notably, since allowing market-based dollar pricing two days ago, the market has remained stable with most banks trading around BDT 122 per dollar.

Former U.S. President Donald Trump has urged Apple CEO Tim Cook not to set up manufacturing plants in India. Trump reportedly told Cook, “I don’t want you to build factories in India,” citing concerns over U.S. interests and trade imbalances.

He argued that India is one of the highest tariff-imposing countries in the world, making it a difficult market for American products. Trump added, “India can take care of itself. You can build in India if you want to take care of them. But I don’t want you to build there.”

Trump also criticized Apple's past investments in China, saying the U.S. tolerated it for years, but further offshoring—especially to India—is not something he supports.

The International Monetary Fund (IMF) has warned that Bangladesh must fulfill key reform commitments to receive the fourth and fifth tranches of its loan package. The economy remains under pressure, with foreign reserves yet to recover and the tax-to-GDP ratio significantly below target. The IMF also noted that the government has limited capacity to invest in poverty alleviation. Reforms, including a market-based exchange rate for the dollar, are critical to stabilizing the economy. It confirmed that further disbursements would be contingent on the timely and verifiable implementation of these reforms, per an agreement reached with the government.

Bangladesh Bank Governor Ahsan H. Mansur announced that the country is set to receive $3.5 billion in loans from the World Bank, IMF, and Asian Development Bank by June. Bangladesh has agreed to a more flexible exchange rate, prompting the IMF to release two pending tranches of a $4.7 billion loan simultaneously. “Remittances are strong, reserves are stable, and the balance of payments has improved. This is the ideal time to move toward a market-based exchange rate,” said Mansur.

The Government of Bangladesh has reached a consensus with the International Monetary Fund (IMF), agreeing to partially implement two key conditions. This includes further flexibilization of the exchange rate, which will lead to a weaker taka and a stronger dollar. The National Board of Revenue (NBR) will also undergo significant reforms. With this agreement, Bangladesh is set to receive two loan tranches worth $1.3 billion by next month.

With the dissolution of the National Board of Revenue (NBR), two new departments—Revenue Policy Division and Revenue Administration Division—have been formed. Finance Adviser Dr. Salehuddin Ahmed stated that the move was strategic and would not hamper revenue collection. “At the very least, we expect collection to be on par with last year,” he said, noting that separating policy and administration is a common practice globally. He also emphasized a more cautious fiscal approach, saying, “We won’t take loans for mega projects or print money to implement the budget. Whether the budget is large or small will become clear soon.”

The United States and China have reached an agreement to significantly reduce mutual tariffs by 115% for a 90-day period, US Treasury Secretary Scott Besant announced. The deal follows high-level bilateral talks in Switzerland, marking the first major breakthrough since President Donald Trump imposed 145% tariffs on Chinese imports in January. As part of the new arrangement, the US will lower its tariffs on Chinese goods to 30%, while China will reduce its tariffs on American goods to 10%, with both reductions taking effect for 90 days.

Calling the current state of the stock market “unimaginable,” the Chief Adviser has issued five urgent directives: reduce government ownership in multinational companies and bring them to the stock market; incentivize large domestic private companies to list; bring in foreign experts to reform the market within three months; take strict action against those involved in market manipulation; and reduce dependency on bank loans by encouraging businesses to raise funds through bonds and equity. “This crisis must be resolved,” the Chief Adviser asserted.

Chief Adviser Dr. Muhammad Yunus held a high-level meeting with the LDC Graduation Committee to ensure Bangladesh’s smooth and timely transition from LDC status. The meeting identified five priority actions for immediate implementation:
1. Full operationalization of the National Single Window with participation from all relevant agencies,
2. Implementation of the National Tariff Policy 2023,
3. Execution of key steps under the National Logistics Policy 2024, including infrastructure projects,
4. Completion of waste treatment facilities at Savar Tannery Village, and
5. Ensuring full functionality of the Active Pharmaceutical Ingredient (API) Park in Gazaria, Munshiganj.

BIDA Chairman Chowdhury Ashiq Mahmud bin Harun has announced plans to establish a free trade zone over 400 acres in Anwara Upazila of Chattogram. He described the initiative as a “game-changer” for Bangladesh’s economy. He further revealed a potential $800 million investment in the Chattogram Port Container Terminal. "Our annual FDI barely exceeds $700 million. If a single project can bring in $800 million, it would be a significant boost to our economy," he said. He emphasized Chattogram’s central role in national development, declaring, “Dhaka is our political capital, but Chattogram is destined to become the commercial capital.”

Negotiations between the Bangladesh government and the IMF over loan disbursement have reached an impasse. A key sticking point is the IMF's demand to allow full market-based exchange rate for the Bangladeshi Taka. While Bangladesh has met two other conditions, it insists that full market liberalization is not currently feasible. The IMF has warned that without compliance, the next loan tranche will not be released. Despite increased dollar inflows, Bangladesh values the IMF deal for the signal it sends about economic stability. Both sides continue talks, unwilling to walk away from the agreement.