CPD RMG Study Stitching a better future for Bangladesh
Every day, CPD RMG Study team reveals what’s on our economic and apparel radar and curates a selection of the best reports, opinion, and analysis you may have missed.
Government to supply 500 mmcfd imported LNG to national grid
Bangladesh government is set to supply 500 mmcfd imported liquefied natural gas (LNG) to the national grid from April 25 to meet the country’s growing energy demand. The government is importing LNG from Qatar’s state-run energy company RasGas to ensure energy security in the country. The imported LNG will be supplied to Chittagong area and this will increase the gas pressure in the capital city.
IMF forecasts robust macroeconomic performance for Bangladesh
The macroeconomic performance of Bangladesh is set to remain robust in the coming year and inflation broadly stable, according to the statement made by a top official of the International Monetary Fund (IMF). The statement said that steady monetary policy management and fiscal discipline have contributed to continued macroeconomic stability in the country.
