budget
Dhaka bourse’s major index hits 38-month low
The major index of the Dhaka bourse fell significantly today, the first trading day after the proposed national budget was placed in parliament on June 6
Tight budget in austere times
With an aim to restore macroeconomic stability, reduce inflation, and contain pressure on foreign currency reserves, Finance Minister Abul Hassan Mahmood Ali is going to place a Tk 7,96,900 crore budget for the 2024-25 fiscal year tomorrow.
Next budget to be slightly expansionary
However, the minister did not respond when journalists asked how the budget could be expansionary when it will increase by only four percent compared to the current budget.
Govt sees budget surplus of Tk 11,865cr in Q1
The government saw a budget surplus of Tk 11,865 crore in the first quarter of the current FY due to lower spending
Gadgets on a budget: Things you need to know about geysers and heaters
Geysers and room heaters are not just appliances; they bring comfort and warmth to families.
Why is government support for poor going to non-poor?
Only 40 percent of social safety net budget catering to poor, vulnerable groups
Utilising Funds: Health ministry fares worst, yet again
The health ministry continues to struggle with utilisation of funds allocated in the national budget, like it did in the past few years.
Reining in inflation top priority
The government is going to unveil a Tk 7,61,785 crore budget for the next fiscal year on Thursday, setting containment of high inflation as a major target.
Raging Inflation: Not much help on the way for the poor
Even though poor people are struggling to make ends meet amid runaway inflation, the government allocation for social safety net programmes may not increase much in the next fiscal year.
Record subsidy allocation not enough
The record subsidy allocation of Tk 82,745 crore is set to be topped up with another Tk 27,360 crore in the revised budget in the face of demands from ministries even after the notable price hike of gas, electricity and fuel.
2023 will be the year of inflation and financial turpitude
While the government is distracted by elections, the financial economy will suffer
Dollar crisis to go by next June
Bangladesh Bank is anticipating the pressure on the balance of payments will blow over by the end of this fiscal year thanks to hearty assistance from development partners –-- an outlook termed wishful by economists.
What you need to know about inflation
Inflation leads to the devaluation of a particular currency.
Perks of living in Dhaka City
Take the recent and absurd fuel price hike, for example. The country's people are focusing on and monitoring how we, the citizens of Dhaka, will handle this situation so they can follow suit. To them, we say, “Hold my Borhani.” The fuel price hike gave an extra flare to the attitude of operators of CNG-run auto-rickshaws, Uber cars, and Pathao bikes, thus rendering the daily commute undesirable. Yet, most fail to grasp the opportunities we are presented with, such as being innovative and healthy. Power walking or riding your bicycle for commute is your divine solution.
Travelling on an ‘almost empty’ wallet
What do you do when wanderlust strikes, but you have just hit rock bottom on your wallet? Feed the lust, is what. Of course, travelling first class, shopping at branded stores and staying at five-star accommodation may not be on the cards for you but none of those things have anything to do with actual travelling. If you are already laughing, save the giggles for we may just change your mind by the end of this article.
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.
Disability allowance to go up to Tk 850
The government is going to increase the number of beneficiaries of disability allowance and their allowance amount.
Education budget only 1.83% of GDP
The allocation for the education sectors in the proposed budget for the upcoming fiscal year of 2022-23 has reduced in terms of the Gross Domestic Product (GDP).
Target more export, remittance
The government plans to boost exports by promoting large industries and send a record number of migrant workers abroad to raise foreign currency reserves.