bangladesh budget
Bangladesh must improve transparency and openness of its budget process
Given Bangladesh's performance in Open Budget Survey 2023, there is room for improvement in the country's budget process.
Chronology of Bangladesh's National Budget: From 1972-73 to 2023-24
Finance Minister Abul Hassan Mahmood Ali will place the national budget for the fiscal year (2024-2025) at the Jatiya Sangsad this afternoon
Govt sets $110 billion export earnings for FY27
The government has set a target to export goods and services worth $110 billion in the fiscal year of 2026-27, which is double the earnings recorded in the last financial year
Next budget to see marginal hike as austerity measures linger
This will be the first meeting of the council since the new government took office after the January 7 parliamentary elections. Thus, it is the maiden meeting for the new finance minister on the budget and the overall macroeconomic situation.
'Proposed budget unscientific, non-political, bureaucratic'
CPD Distinguished Fellow Debapriya Bhattacharya says
Budget lacks tools to contain inflation
The measures taken in the proposed budget for the next fiscal year have failed to address the most difficult challenge of containing inflation, and as a result, the suffering of common people will increase further, the Centre for Policy Dialogue (CPD) said yesterday.
High Inflation: Worrying but under control
Finance Minister AHM Mustafa Kamal yesterday said that though he is worried about the elevated level of consumer prices, the situation is still under the government’s control.
Budget has no reflection of people’s sufferings
An underwhelming budget at a time of overwhelming crisis
Remittances slide 10.27% in May
The reserves stood at $29.91 billion today in contrast to $42.20 billion during the same period a year ago.
What to look for in the FY 23-24 Budget
Amidst the steep rise in commodity prices, and a sky-high aspiration of sustaining GDP growth, what are the major challenges of creating an effective budget for Bangladesh this year? What should we look for from the FY 23-24 budget?
Are tax policies addressing inequality?
Bangladesh’s economy has been growing at an average 6 per cent annually for the last two decades. Yet the country has witnessed a spike in income and consumption inequality.
No direct subsidy given to fuel oil: energy minister
State Minister for Power, Energy and Mineral Resources Nasrul Hamid told parliament today that the government does not directly give any subsidy to fuel oil..In reply to a query from AL MP Haji Selim, the state minister said BPC incurred a loss of about Tk 2,705 crore in 2021-22 fiscal, fo
Budget set to pass on June 26
The budget for the 2023-24 fiscal will be passed in parliament on June 26 while the Finance Bill will be passed on June 25
The tale of 52 national budgets
Bangladesh has so far had 52 national budgets, stretching back to the first one in the 1972-73 fiscal year. Watch this video for a recap of the changes the annual national budget underwent over the years.
FY23: A year of price shocks
Just a year ago, Aminur Rahman, a private sector employee living in Dhaka, could buy a moderate amount of essential goods, including rice, soybean oil, onions, salt and eggs, at Tk 553 from stores in Dhaka city
Curbing high inflation should be number one priority
Says economist MM Akash
Business-as-usual attitude in meeting budget deficit won’t work
Says economist Zahid Hussain
FY24 budget must address weakness in overall economic management
Says Sanem Executive Director Selim Raihan
Proper coordination of monetary, fiscal policies needed
Says DCCI chief Sameer Sattar