Govt signals people-centric priorities but faces tough trade-offs
The interim government is going to place the proposed budget for fiscal year 2025–26 on June 2.
Low GDP growth demands political stability so as to boost investor confidence
The FY2026 budget must be more than a mere fiscal statement.
Controlling inflation should be a top priority for the interim government.
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).
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.
It fails to commit to reforms and address people’s sufferings
Budget admits we are in a crisis, but offers no direction out of it
The budget of the upcoming fiscal year will be presented on the national parliament on June 9, Finance Minister AHM Mustafa Kamal said today.
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.
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.
The Bangladesh economy is taxing for take-off -- for its long-haul flight to the developed country club, with couple of stopovers in between.
The new budget will provide directives on reforms in education and financial sectors and incentives for the stock market, the finance
A platform for children calls upon the government to allocate 20 percent of the national budget for the education sector to ensure education for every child.
