Bangladesh National Budget

Revised budget may be Tk 50,000cr smaller

Bangladesh’s national budget for fiscal year 2024-25 is likely to be reduced by more than Tk 50,000 crore, with the entire cut expected to be made in funds meant for the annual development programme (ADP).

Govt may trim budget by Tk 100,000cr

The interim government is planning to revise the national budget for the current fiscal year urgently and cut “wasteful expenditures” in order to alleviate the pressure on the foreign currency reserves and tame persistent inflation.

An uninspiring budget proposal

It fails to commit to reforms and address people’s sufferings

Another mostly disappointing budget

Budget admits we are in a crisis, but offers no direction out of it

FY24 budget ignores fiscal policy as a tool for equitable growth

Any effort at halting inequality and reversing the trend has to start from a political commitment, an understanding of the factors at work, and adoption of necessary measures to attain the goals.

The budget does not inspire confidence

The recent downgrade by Moody's of the credit ratings of Bangladesh’s economy and some private banks is not the only indicator that confidence is declining.

National Budget FY2023-24 / Cause for frustration for common people

There is not much in it to make us feel better in terms of its focus and measures.

Four ways to boost clean energy in Bangladesh

Can the upcoming budget in Bangladesh guide the vulnerable power and energy sectors towards economic sustainability and energy security?

Now laptops to be more expensive

Laptop users in Bangladesh are set for a bigger hit as the imposition of a 15 per cent value-added tax at the import stage of the essential digital device would lift the prices further. 

June 12, 2022
June 12, 2022

7.5pc GDP growth target unrealistic, says economist

The national budget for fiscal year 2022-23 predicted a gross domestic product (GDP) growth of 7.5 per cent, which is unrealistic and not objective, AB Mirza Azizul Islam, former adviser to the caretaker government, said yesterday.

June 9, 2022
June 9, 2022

Can local laptop and smartphone manufacturers make the most of the price increase?

We still have to wait and see how it will actually impact the market.

June 2, 2022
June 2, 2022

Budget 2022-23: More tax for the rich

Bank accounts with upwards of Tk 1 crore in balance are set to face a higher excise duty next fiscal year as the government looks to collect more taxes from the relatively well-off to get close to the lofty revenue collection target.

June 2, 2022
June 2, 2022

Too many problems, not enough budget for our public schools

Lack of resources is often cited as the key reason behind this.

May 26, 2022
May 26, 2022

Budget 2022-23: Better targeted social safety net

The government is committed to using the long-overdue National Household Database (NHD) from the next fiscal year to better target the social safety net programmes, in a development that can infuse dynamism in the flat scheme.

April 20, 2022
April 20, 2022

National budget on June 9: Finance Minister

The budget of the upcoming fiscal year will be presented on the national parliament on June 9, Finance Minister AHM Mustafa Kamal said today.

June 1, 2020
June 1, 2020

Budget session to be held with minimum JS attendance, no Q/A session

This year’s budget session will take place with the presence of only those lawmakers who are essential for the day-to-day activities of the parliament in a bid to maintain social distancing and curb the risk of coronavirus infection.

June 13, 2019
June 13, 2019

Mobile bills may go up in next FY

Mobile phone users might have to spend more as the National Board of Revenue is expected to seek a hike in the supplementary duty (SD) on calls, data and other services in the coming fiscal year, said officials.

June 13, 2019
June 13, 2019

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.

June 13, 2019
June 13, 2019

Reforms on cards

The new budget will provide directives on reforms in education and financial sectors and incentives for the stock market, the finance