Finance Adviser Salehuddin Ahmed yesterday said the interim government will not incorporate any mega projects that cost billions of dollars in the next budget for FY2025-26.
Besides, the Cabinet approved in principle the draft of the Institute of Frontier Technology Act, 2014, to establish the institute in Madaripur's Shibchar
Prime Minister Sheikh Hasina today said the proposed national budget for the 2024-25 fiscal year was not "ambitious", vowing to take Bangladesh forward
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.
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.
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
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
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.
Let’s consider, for the ease of understanding, that the government has proposed an expenditure plan involving Tk 100. In this
Finance Minister AHM Mustafa Kamal unveiled a proposed budget of Tk 678,064 crore for 2022-23 fiscal year in the national parliament today.
Finance Minister AHM Mustafa Kamal has reached the National Parliament to present the National Budget for the financial year 2022-23 today.
The government should take adequate measures to make it easier for businesses to operate, said a noted entrepreneur.
The budget should focus on time-befitting strategies in order to cut the cost of doing business and raise trade and investment competitiveness, said Rizwan Rahman, president of the Dhaka Chamber of Commerce and Industry (DCCI).
The budget for the next fiscal year should be framed by taking into account the new challenges facing the economy and the cost of living crisis confronting people, said a noted economist.
The government must ensure a prudent macroeconomic management and coordination between fiscal and monetary policies to help Bangladesh ride out the current crisis, said Monzur Hossain, research director of the Bangladesh Institute of Development Studies.
The government should control import demand and cut public expenditure to lessen pressure facing the economy as well as expand social safety net programmes to help poor and low-income households cope with higher inflation, said Zahid Hussain, a noted economist.
What is the purpose of the national budget? In essence, it is to allocate scarce resources.
