National Budget
Implement budget with transparency: PM
Besides, the Cabinet approved in principle the draft of the Institute of Frontier Technology Act, 2014, to establish the institute in Madaripur's Shibchar
New budget to take Bangladesh one step forward: PM
Prime Minister Sheikh Hasina today said the proposed national budget for the 2024-25 fiscal year was not "ambitious", vowing to take Bangladesh forward
Part: 3 BUDGET IN FOCUS / Startups neglected in proposed budget
The proposed budget for fiscal year 2024-25 offered no relief to startups and neglected their long-standing demands, in sharp contrast with the government’s vision for a Smart Bangladesh, where startups are key economic drivers.
Budget session at parliament June 5
The budget session of this year will begin from June 5. The House will go into sitting at 5:00pm, said a press release of the Parliament Secretariat. This will be the third session of 12th parliament. President Mohammed Shahabuddin convened the budget session today exercising the power bestowed upon him as per clause (1) of article 72 of the constitution.
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
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
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
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.
Nothing to make up for learning loss
The proposed budget did not offer any new way out for the recovery of learning loss of millions of students caused by the Covid-19 pandemic through school closures.
‘Ethically unacceptable’
Money laundered out of the country can be legalised in exchange of seven to fifteen percent tax under a new proposal aimed to boost revenue as well as mobilise foreign currency.
Food, Agriculture: A lot of hype, little promised
Amid the Russia-Ukraine war and global food price hike, Finance Minister AHM Mustafa Kamal placed emphasis on boosting food production to ensure food security in the country.
Fast-Track Projects: Debt repayment a worry now
After the Awami League government came to power in 2009, it took up several gigantic development projects with a view to transforming the country’s communication and transport infrastructure.
Social safety net: Approach not a good fit for multiple crises
The need for expanding the coverage of social protection schemes with new approaches has never been felt so badly than now as people are struggling to keep their heads above water amid one crisis on top of another.
Govt to invest $80b for climate resilience
The government is planning to invest $80 billion to shift the country from climate-vulnerable to a sustainable climate-resilient country under Mujib Climate Prosperity Plan (MCPP) by 2030, Finance Minister AHM Mustafa Kamal said yesterday while unveiling the national budget for the fiscal year 2022-2023.
Universal pension starts from 2022-23
A universal pension scheme for citizens aged 61 and above will be introduced from fiscal 2022-23, said Finance Minister AHM Mustafa Kamal yesterday.