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Rajshahi 230,000 farmers get debt relief

The massage of great relief has come for millions of small and marginal farming in families in North Bengal who continue to farm under the burden of many years of debt. According to the government’s election manifesto, Rajshahi Krishi Unnayan Bank (RAKUB) has freed 2 lakh 29 thousand 933 farmers’ families from debt by implementing…

Why your double degree may not be worth the extra HELP debt

Aussie universities are aggressively promoting double degrees as a major employment edge – but some students claim there’s “no advantage” to the massive investment. Western Sydney social worker Gabrielle Garofano studied a Bachelor of Social Work and Criminal Justice at Western Sydney University, but said the second qualification had not made a significant difference to…

The FE – Titumir calls for global debt relief mechanism

He said the mechanism would help developing countries address mounting fiscal pressures caused by the Middle East crisis and other global shocks. Dr. Titumir made the call during a meeting with UNICEF Deputy Executive Director for Humanitarian Action and Supply Operations Ted Chaiban at UNICEF House in New York. The meeting was also attended by…

The FE – Country’s external debt repayments to far outstrip receipts in three years

Data from the Finance Division and the Economic Relations Division (ERD) reveal a looming fiscal squeeze, culminating in FY2028-29 when the country’s total external debt -servicing obligations will peak at an unprecedented level. According to government projections, Bangladesh is likely to need to repay a staggering amount of US$4.276 billion in principal against its total…