As of June 30, Bangladesh Bank reported gross foreign reserves of $31.68 billion, a $370 million increase from the previous day.
Spokesperson Arif Hossain added that under the IMF calculation method, the reserves stand at $26.66 billion. Economists welcomed the growth but emphasized the need to boost exports and remittances to maintain long-term stability.

The interim government of Bangladesh has scrapped 37 solar power projects involving 14 countries, citing irregularities and politically motivated approvals during the Awami League's tenure.

The canceled projects had a combined capacity of 3,287 MW and included investments from China (4 projects), Singapore (7), India (1), and the United States (1). This move puts approximately $6 billion in potential investment and $300 million in sunk costs at risk.

Chinese investors have expressed concern and called for a peaceful resolution. Energy experts stressed the need for policy stability and stronger coordination from the Bangladesh Investment Development Authority (BIDA).

Economic adviser Dr. Salehuddin Ahmed has remarked that former central bank governors acted as agents of the government, but insisted that such practices are no longer the norm.

Speaking to NBR officials, he encouraged them to maintain neutrality and transparency in their duties. On recent anti-corruption investigations against six NBR officials, he declined to comment but asserted the current government does not interfere in such matters.

He also expressed concern over disruptions to port and revenue services, saying these actions harm the national interest and damage the business climate.

Bangladesh Bank formed a five-member committee in January to restructure defaulted loans of 500 million taka or more. Despite receiving 1,253 applications, none have been finalized yet due to complex verification, multiple stakeholders, and regulatory hurdles. The delay has caused an increase in non-performing loans, worsening entrepreneurs’ conditions. Committee members emphasize their commitment but highlight challenges in identifying genuine defaulters and coordinating among numerous banks. The central bank plans to expand the committee to speed up resolutions and support the economy.

Bangladesh Economic Zones Authority (BEZA) and the Asian Development Bank (ADB) have signed a landmark agreement to implement the country’s first solar power project under a public-private partnership model. Located in Sonagazi, Feni, the plant will generate 100–200 MW and include a battery storage system. Set on 400 acres of BEZA land, the project aims to reduce carbon emissions and ensure uninterrupted power to industrial zones. ADB will assist with feasibility studies, environmental assessments, and international bidding processes to attract investors.

Bangladesh’s foreign exchange reserves have climbed to $31.31 billion, according to a press release from Bangladesh Bank. However, when calculated under the IMF’s BPM6 methodology, which provides a standardized global framework, the reserve stands lower at $26.33 billion. The discrepancy arises from differing accounting practices, where BPM6 excludes certain unusable funds. The update was shared on Sunday, highlighting the country’s ongoing efforts to maintain a healthy reserve level amid global economic challenges and policy reforms under the IMF’s guidance.

The National Board of Revenue (NBR) collected Tk 3,60,920 crore in revenue by 10:00 AM on June 30, the last day of the fiscal year. NBR Chairman Md. Abu Rahman Khan confirmed the figure and said final numbers will take 2–3 weeks to reconcile fully. Despite recent disruptions due to officer protests, all departments resumed operations, and revenue collection is expected to surpass last year’s total. Khan emphasized systematic reporting through iBAS and assured continued efforts to support government spending in July.

Tech billionaire Elon Musk has harshly criticized former U.S. President Donald Trump’s mega-budget bill, calling it “absolutely insane.” Musk warned that the legislation would push the country into “debt slavery” and destroy millions of jobs. The fallout between Musk and Trump escalated earlier in June when Trump introduced the controversial tax and spending bill, which narrowly passed a Senate hurdle with a 51-49 vote. Musk further accused the bill of supporting outdated industries while ignoring future-oriented sectors such as renewable energy and tech innovation.

China has renewed a $3.4 billion loan for Pakistan, enhancing the country's foreign exchange reserves to $14 billion when combined with recent commercial and multilateral loans. Of the total, $2.1 billion was renewed from Pakistan's central bank reserves, where the funds had been held for the past three years. Additionally, Beijing has refinanced a $1.3 billion commercial loan repaid by Islamabad two months ago. Pakistan has also secured another $1 billion from Middle Eastern commercial banks and $500 million from multilateral sources.

Chris Papageorgiou, IMF mission chief to Bangladesh, emphasized the importance of government-led reforms and praised recent efforts by the National Board of Revenue (NBR). Speaking on the current economic challenges and upcoming elections, he stressed that public recognition of these reforms is essential to restoring economic stability.

He noted the uncertain geopolitical and domestic conditions, urging continuity in reforms. Papageorgiou also mentioned that the World Bank has expressed interest in providing financial and technical support to bolster Bangladesh's tax reforms and revenue collection efforts.

The UAE Ambassador to Bangladesh, Abdullah Ali Al Hamoudi, has acquired a 34% share in a company tasked with operating the new “Passenger Information System” across Bangladesh’s airports. Under a bilateral agreement between Bangladesh and the United Arab Emirates, this new data collection mechanism is being rolled out. The project is primarily led by Iteq, a state-owned Emirati firm, which subcontracted Dubai-based Identima. Notably, Ambassador Al Hamoudi owns 34% of Identima and is also listed as a manager. Transparency International Bangladesh (TIB) has called this a clear conflict of interest and a blatant abuse of power, pointing out that a serving ambassador cannot engage in private business without government approval.

Bangladesh Bank has provided nearly Tk 53,000 crore in loans to 12 financially weak banks by printing money. This financial assistance, offered under guarantees and special facilities, has been ongoing since September last year. Despite this massive infusion, these banks have yet to recover.

Governor Ahsan H. Mansur has repeatedly stated that no more money will be printed to support weak banks. However, reports reveal that as recently as two business days before Eid, the central bank extended Tk 3,000 crore in loans to five banks. Facing severe liquidity crises, these banks received funds at 10% interest against DP (Deposit) notes for a 90-day term.

The global market faces turmoil following news that U.S. President Donald Trump may remove Federal Reserve Chairman Jerome Powell, shaking investor confidence and causing a record drop in the dollar’s value. The dollar hit its lowest level against the euro in nearly four years, with fears of political interference undermining the Fed’s credibility and future interest rate clarity. Meanwhile, the euro, pound, yen, and Swiss franc strengthen amid rising global economic uncertainty and expectations of U.S. interest rate cuts.

Bangladesh is maintaining ongoing discussions to finalize a tariff agreement with the United States. In the latest round of talks held on Thursday, Dr. Khalilur Rahman led the Bangladesh delegation, while Brendan Lynch, the U.S. Assistant Trade Representative, headed the American side.

According to the Press Wing, substantial progress has been made during these discussions. Dr. Rahman, the former Head of Trade Policy at UNCTAD, stated that both parties are working diligently to conclude the agreement swiftly.

Sources indicate that the agreement aims to secure relief from the additional 37% tariffs imposed during the Trump administration. A draft of the agreement has already been sent to Bangladesh by the U.S., and Dhaka has submitted its feedback to Washington for further review.

India’s Directorate General of Foreign Trade (DGFT) has imposed a new restriction on imports of woven fabrics, jute products, and yarn from Bangladesh via land ports. According to an official statement, “No goods from Bangladesh will be allowed through land ports along the India-Bangladesh border. Only specific items—such as multi-fold woven fabrics, single flax yarn, single jute yarn, and unbleached jute fabric—may be imported via the Nhava Sheva seaport.”The directive clarifies that the ban will not apply to goods in transit from Bangladesh to Nepal or Bhutan. However, re-exporting these goods from India will not be permitted. This move is expected to negatively affect Bangladesh’s textile and jute sectors. It follows a previous ban issued in May on importing Bangladesh-made garments through Indian land ports.