National Budget 2023-24
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
We need an agricultural price commission to regulate prices
An independent body recommending viable prices for all commodities under its mandate, is something the government must consider.
Government implements carbon tax for multiple vehicle ownership
The government has implemented a carbon tax for owning multiple vehicles to lower carbon emissions, deal with city traffic, and encourage the use of public transportation.
Carbon tax on vehicles and the possible aftermath
While local car owners are already paying high taxes for vehicle ownership, this new carbon tax will exert a heavier toll on taxpayers who own more than one car.
Education in national budget: A dialogue of the deaf
Our education decision-makers have a narrative that largely denies any serious deficiency in the system.
Five concerns that the FY2024 budget fails to address
In light of the economic hardships Bangladesh has been going through, there were certain expectations from the national budget of 2023-24 fiscal year.
'Cut ADP allocation to contain inflation'
The government should adjust the budget expenses by cutting the allocation under the Annual Development Programme (ADP) and bringing down operating costs in order to contain inflation, said Ahsan H Mansur, executive director of the Policy Research Institute.
National Budget 2023-24: Of sweet accounting and sour economics
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Stop blaming external factors for record-high inflation
Bangladesh government should own up to its mistakes
Budget lacks tools to contain inflation
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.
Education lags again in funding and action
The new budget has not displayed cognisance of the need for post-pandemic recovery and remedial actions.
A budget divorced from reality
Self-contradictory is what best describes Finance Minister AHM Mustafa Kamal’s fifth budget, and the last of the Awami League-led government’s current term.
Budget has no reflection of people’s sufferings
An underwhelming budget at a time of overwhelming crisis
There is no consistency or logic in the targets set in the budget
We should have focused on addressing the macro-fundamentals, which would create a launching pad for the coming year’s fiscal flow.
Stress on forex reserves to ease soon: Kamal
Finance Minister AHM Mustafa Kamal today in his budget speech hoped that the ongoing stress in the foreign exchange reserves would improve in a short period of time.
Healthcare spending up by just 3.2% even as budget sees 12.34% rise
The allocation for the health sector in the proposed budget for the 2023-24 fiscal year has been reduced to approximately 5 percent of the national budget from 5.4 percent in the outgoing fiscal year
NBR proposes withdrawing duties on 425 import items
The National Board of Revenue (NBR) has proposed withdrawing supplementary duty (SD) on 234 imported goods and regulatory duty (RD) on 191 imported goods in fiscal year 2023-24 to aid Bangladesh’s graduation from a least developed country (LDC) to a developing one by 2026.
Remittances slide 10.27% in May
The reserves stood at $29.91 billion today in contrast to $42.20 billion during the same period a year ago.
1.49 crore Bangladeshi expats work in 176 countries
Finance Minister AHM Mustafa Kamal in his budget speech revealed that more than 1.49 crore Bangladeshi workers are working in 176 countries across the world
