Given Bangladesh's performance in Open Budget Survey 2023, there is room for improvement in the country's budget process.
Finance Minister Abul Hassan Mahmood Ali will place the national budget for the fiscal year (2024-2025) at the Jatiya Sangsad this afternoon
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
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.
CPD Distinguished Fellow Debapriya Bhattacharya says
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.
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.
An underwhelming budget at a time of overwhelming crisis
The reserves stood at $29.91 billion today in contrast to $42.20 billion during the same period a year ago.
Unnayan Shamannay, a non-governmental think-tank, today launched “Digital Budget Information Helpdesk” with an aim to enhance connectivity between the people and the budget-makers.
The number of risks that our economy currently faces because of all the global instabilities is perhaps unmatched since the early days of Bangladesh’s independence. Amid this reality, the government is set to present the new budget early next month.
The government spends 94.32 per cent of Tk 176,620 crore set aside as the development budget in the just-concluded fiscal year, data from the planning ministry showed.
Former finance minister AMA Muhith has said his successor faces three major challenges: increasing the size of the national budget, realising more revenue and improving the banking sector.
Finance Minister AMA Muhith says the upcoming budget for 2017-18 financial year will be the 'best budget' of his life.
Parliament passes Tk 3,40,605 crore national budget for FY 2016-'17 aimed at higher GDP growth, lower inflation and gearing up investment.
Agriculture Minister Matia Chowdhury sharply criticises Finance Minister AMA Muhith today in the parliament for his budget proposal to cut interest rate on savings certificates.
The Finance Minister has proposed a mega Tk.3.4 trillion budget for the upcoming fiscal year 2016-17. It is about 29 percent higher than the revised budget of the outgoing fiscal year.
Terming the proposed 2016-17 national budget “highly ambitious”, Opposition Leader in the parliament Raushan Ershad says it will be very difficult to implement this big size budget.
The BNP that ruled the country for over 10 years in two terms since the restoration of democracy in Bangladesh in 1990 is struggling to come up with formal reactions to the proposed budget for fiscal 2016-17.