National Budget

National Budget

CPD’s 3 recommendations for next budget

The Centre for Policy Dialogue (CPD) has recommended the government restore macroeconomic stability, widen fiscal space and ensure the best use of public resources through appropriate prioritisation in the upcoming budget for 2024-25

1w ago

Economic stability must be the focus of budget: economists to finance minister 

The upcoming national budget for fiscal year 2024-25 should focus on macroeconomic stability, reducing default loans and expenditure in mega projects, according to economists

2w ago

Trillion-dollar investment needed in logistics to turn Bangladesh developed nation 

DCCI said the size of the economy would have to be $2.5 trillion to become a developed nation by 2041

2w ago

Ministries asked to send budget execution plan by Oct 8

The finance ministry made the call through a circular

CCC announces Tk 1,887.28cr budget

Chattogram City Corporation today announced a proposed budget of Tk 1,887.28 crore for the fiscal year of 2023-24

'Only bank borrowing can help manage budget deficit'

Planning Minister MA Mannan says

38 govt services that would require min tax

According to the proposed budget for the next fiscal year 2023-24, if one wants to avail one of 38 types of government services, they will have to submit proof of filing income tax return along with a tax identification number (TIN)

Will this budget help foreign trade amid dollar crisis?

Rashed Al Mahmud Titumir, professor and chairman of the development studies department of Dhaka University, talks to The Daily Star about whether the proposed budget for the 2023-24 fiscal year may help the foreign trade of the country amid the persistent dollar crisis

To end inequality, stop pandering to plunderers

Addressing many of our economic problems is proving to be difficult not mainly for economic reasons, but because of political ones.

Tk 2,000 tax likely from FY24 even if income below zero-tax threshold

As per the plan, a person will have to deposit Tk 2,000 as tax to the state exchequer even if he or she claims an income that is below the threshold, which charges zero tax rate, said officials of the finance ministry.

Budget has become an orphan, IMF its foster father: Debapriya

The budget of Bangladesh has become an orphan and the International Monetary Fund (IMF) is now the foster father of it, said Debapriya Bhattacharya, a distinguished fellow of the Centre for Policy Dialogue (CPD).

Budget session of parliament from May 31

The budget session of the 11th Jatiya Sangsad will start on May 31 at 5:00pm, said a press release of the Jatiya Sangsad secretariat.

No proposal on dearness allowance for govt officials

The finance ministry has not proposed any allocation on dearness allowance for government employees in its budget for the upcoming fiscal year, according to an official.

Govt turning to all partners for budget support

The government is expecting $2.5-3 billion by June next year from multilateral lenders other than the International Monetary Fund to help the Bangladesh economy weather the storm caused by the Ukraine war.

Tk 678,064cr national budget for FY 2022-23 passed in parliament

Parliament today (June 30, 2022) passed the Tk 678,064 crore national budget for the fiscal year 2022-23, with the theme “Return to the Path of Development Leaving the Covid-19 Behind” to overcome the impact of coronavirus pandemic and Russia-Ukraine war on the economy.

Govt can save up to Tk 5,500cr with austerity measures: Finance Ministry

The government can expect to save up to Tk 5,500 crore for the austerity measures taken so far to preserve the foreign exchange reserves and tame inflation, according to the finance ministry.

Gold import: Advance tax withdrawn

Withdrawal of the existing 5 percent advance tax on gold import has been proposed in the budget for fiscal 2022-23 to encourage import of the precious metal through formal channel and discourage its smuggling.

Subsidy allocation: 54pc rise proposed

The government has proposed an allocation of Tk 82,745 crore to run its subsidy programme for 2022-23, an increase of 53.7 percent from this fiscal year’s original outlay, creating a challenge to macroeconomic stability.

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