2019-20 National Budget
A budget for public welfare: PM Hasina
She has underscored the need for reform in the country's financial sector and warned of taking stern action against wilful loan defaulters.
Incremental tax on mobile phone uses suicidal
Association of Mobile Telecom Operators of Bangladesh (AMTOB) in a budget reaction has termed the incremental supplementary duty on mobile phone uses as a “suicidal decision”.
BUDGET SPEECH: PM helps out ailing Kamal
Prime Minister Sheikh Hasina yesterday presented parts of the national budget as Finance Minister AHM Mustafa Kamal fell sick halfway through his speech.
Challenge lies in implementation
A look at the revised budget for the outgoing financial year and its state of implementation up to the month of March reconfirm the main weakness of our financial management, namely, the persistently low revenue mobilisation that routinely misses its target.
Tk 20cr likely to be allocated for boosting football
Finance Minister AHM Mustafa Kamal has proposed a special allocation of Tk 20 crore to Bangladesh Football Federation for boosting the country’s football sector.
Reforms on cards
The new budget will provide directives on reforms in education and financial sectors and incentives for the stock market, the finance
State banks weighed down by bad loans
Default loans in state-run commercial banks soared 10.64 percent, or Tk 5,184 crore, in the first quarter of the year -- in the
Public enterprises incur Tk 4,325cr losses
After a span of five years, state-owned enterprises jointly incurred a loss in the outgoing fiscal year largely because of Bangladesh
Time to work on basics
The Bangladesh economy is taxing for take-off -- for its long-haul flight to the developed country club, with couple of stopovers in between.
TAX, FISCAL POLICIES: Not inclusive enough
Tax and fiscal policies framed and applied by the government are not progressive enough to reduce inequality in the society, said analysts.