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
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
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
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)
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.
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.
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.
Budget explained: Straight from The Daily Star newsroom
The Daily Star journalists explained the budget 2024-25 in simple words
Motorcycles over 250cc likely to get pricier
A 10% customs duty will be imposed on raw materials for the assembly of motorcycles with engine capacity exceeding 250 cubic capacity
Govt eyes 4,000 rental-based flats for low-income people
The government has decided to construct 4,032 rental-based residential flats for low-income individuals during the new fiscal year
FY25 budget reaction: Invest more in the new curriculum
Increasing the allocation for education and health remains vital.
Govt plans to build three leather estates
The leather industrial estates will be located in Rajshahi, Chattogram and Dhaka
Health sector sees 0.19pc increase in FY25 budget
The government has decided to raise the allocation for health sector by Tk 3,356 crore in the proposed budget of fiscal year 2024-25 today
Offshore bank deposits exempted from excise duty
The development comes after Bangladesh Bank relaxed the rules and allowed banks to receive funds from OBUs amounting to 40 percent of their regulatory capital to settle payment obligations.
All cash-based govt transfers to go thru banks, MFS
At present, more than 93 percent of the cash-based social safety net programmes benefits are being paid through the G2P system. The remaining cash-based programmes will be brought under the system in 2024-25.
Don’t shrink social safety net even during austerity
No matter how tight the budget is, the social safety net sector has to be given its due importance.