The recently proposed budget has been disappointing for job seekers, especially the youth.
When commitments don’t match with actions, the budget becomes methodologically disturbing too.
Finance Minister Abul Hassan Mahmood Ali presented this proposed budget in the National Parliament on Thursday. However, representatives from the cultural sector have expressed dissatisfaction with this allocation, much like in previous years.
The fundamental challenge facing policymakers in implementing a contractionary budget will be patience
The FY 2024-25 budget falls short of assessing the depth of the economically challenging time.
Finance Minister Abul Hassan Mahmood Ali has just announced the proposed budget for the fiscal year 2024-25 for Bangladesh. In the proposal, the Finance Minister laid out the government's plan to create new "smart jobs" and establish new research centres based on "frontier technologies".
In the fiscal year 2024-25 budget speech, Finance Minister Abul Hasan Mahmud Ali announced an increase in the supplementary duty on mobile phone calls and internet services. Effective immediately, the supplementary duty has been raised by 5 percent, bringing the total VAT on talk time and internet services to 20 percent from the previous 15 percent. This increase will be applied at the time of mobile phone recharge.
The economy has been in a rough patch since 2022 like never before in the past decade and a half
The recently proposed budget has been disappointing for job seekers, especially the youth.
When commitments don’t match with actions, the budget becomes methodologically disturbing too.
Finance Minister Abul Hassan Mahmood Ali presented this proposed budget in the National Parliament on Thursday. However, representatives from the cultural sector have expressed dissatisfaction with this allocation, much like in previous years.
The fundamental challenge facing policymakers in implementing a contractionary budget will be patience
The FY 2024-25 budget falls short of assessing the depth of the economically challenging time.
Finance Minister Abul Hassan Mahmood Ali has just announced the proposed budget for the fiscal year 2024-25 for Bangladesh. In the proposal, the Finance Minister laid out the government's plan to create new "smart jobs" and establish new research centres based on "frontier technologies".
In the fiscal year 2024-25 budget speech, Finance Minister Abul Hasan Mahmud Ali announced an increase in the supplementary duty on mobile phone calls and internet services. Effective immediately, the supplementary duty has been raised by 5 percent, bringing the total VAT on talk time and internet services to 20 percent from the previous 15 percent. This increase will be applied at the time of mobile phone recharge.
The economy has been in a rough patch since 2022 like never before in the past decade and a half