Bangladesh-economy

The United States has urged Bangladesh to prepare budget documents in line with internationally recognized standards and upgrade the Comptroller and Auditor General (CAG), the country’s supreme audit institution, to international standards to improve transparency in the financial sector. At the same time, the country has recommended making information on Bangladesh’s government procurement contracts publicly available. The recommendations and observations were made in a report titled “20...

Bangladesh’s foreign assistance profile has undergone a significant shift in recent years, with budget support accounting for a growing share of external financing while food aid continues to decline. Economists and former officials view the trend as a positive sign of the country’s economic pro...