Bangladesh National Budget FY2024-25

Bangladesh National Budget FY2024-25

Tk 7,97,000 crore budget passed in parliament

The parliament today passed the Tk 7,97,000 crore national budget for the 2024-25 fiscal year with the aim of achieving 6.75 percent GDP growth rate and keeping annual inflation at around six percent

3m ago

Whitening black money: 3 MPs slam govt for keeping the provision

Two ruling Awami League MPs and a Jatiya Party MP today in parliament criticised the government for keeping the provision of whitening the black money in the proposed budget for 2024-25 fiscal

3m ago

JS passes over Tk 30,643.51cr supplementary budget for FY24

The parliament today passed the supplementary budget of Tk 30,643.51 crore for the fiscal 2023-24 to meet the increased expenditures under different ministries and divisions for the outgoing fiscal year ending June 30

4m ago

What can we learn about universal health coverage from global experiences?

Allocation of resources to the health sector and proper utilisation of that allocation are crucial for achieving universal health coverage (UHC)

4m ago

Govt measures will tame rising inflation

Finance Minister Abul Hassan Mahmood Ali yesterday expressed hope that the government would be able to curb high inflation on the back of budgetary measures and the central bank’s steps.

4m ago

Tax exemption in FY25 rises to Tk 163,000cr

Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.

4m ago

No concrete steps to address inflation, low reserves: CPD

The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.

4m ago

A wrong signal is being sent by offering tax amnesty

Bank defaulters or tax evaders receive a number of amnesty and benefits for whitening black money.

4m ago

Bringing down inflation will be difficult: Unnayan Shamannay

Ongoing economic challenges will not make it easy to reduce inflation to 6.5 percent in the next fiscal year, said Atiur Rahman, the chairperson of Unnayan Shamannay

4m ago

FY25 budget reaction: The direction of the budget is correct

The fundamental challenge facing policymakers in implementing a contractionary budget will be patience

4m ago

Measures to reduce inflation and give relief to poor inadequate: CPD

The Centre for Policy Dialogue (CPD) today said that the government's target to reduce inflation to 6.5 percent in the fiscal year 2024-25 appears overly ambitious

4m ago

The only budget I care about is one that reduces my bills

Budget day is turning into our very own Groundhog Day.

4m ago

What’s in the new budget?

The FY 2024-25 budget falls short of assessing the depth of the economically challenging time.

4m ago

Budget at a glance

Budget at a glance

4m ago

Social Safety Net: Share of the poor dwarfed by others

Under the FY24-25 social safety net programme of Bangladesh, the pension for retired government employees and savings scheme interest payments account for nearly the same allocation as social assistance for the poor, the old and the disaster-struck.

4m ago

Lowest in 16 years in terms of GDP

Despite repeated calls from educationists to increase the budget for education sector, the proposed allocation this fiscal year is still far behind the expected level.

4m ago

Bad loans hit historic high

Default loans in the banking sector of Bangladesh hit an all-time high of Tk 182,295 crore, but no reform programme to reduce it has been announced in the budget for the upcoming fiscal year.

4m ago