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.

Budget FY 23-24: IMF conditions, inflation, polls 3 key issues

Three issues would be dictating the upcoming fiscal year’s budget, the last of the Awami League government’s present five-year term: the International Monetary Fund’s conditions, the persistently high inflation and next year’s national election.

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

June 2, 2016
June 2, 2016

No change in tax-exempted income threshold for individuals

The government has decided not to bring any change to seven tax rates, which include tax-exempted income-threshold for individual tax payers.

June 2, 2016
June 2, 2016

Allocation for education: Muhith proposes 32% increase

The government has proposed raising allocation in the education sector by 32 percent to Tk 49,009 crore in the next fiscal year compared to the allocation in the outgoing FY.

June 2, 2016
June 2, 2016

Package VAT doubled for small traders

In face of protests from businessmen, the government has decided not to implement a flat VAT rate for small traders and instead almost doubled the package VAT.

June 2, 2016
June 2, 2016

Mobile phone use to get costlier

Cost for mobile phone use will increase in the next fiscal as Finance Minister AMA Muhith proposed to hike the duty on SIM card-related services to 5 percent.

June 2, 2016
June 2, 2016

Muhith unveils national budget for FY 2016-17

Finance Minister AMA Muhith has been unveiling Tk 340,605 crore national budget for the fiscal year 2016-17 – what is around 29 percent bigger from the current fiscal year.

May 18, 2016
May 18, 2016

Why is the education budget not larger?

On average, a teacher handles 50 students, when it should be no more than 30. Can it be denied that much more should be spent on primary education and at other stages of education?

May 9, 2016
May 9, 2016

Demand to hike budget for migrants, their families

Activists have demanded that the government increase budgetary allocation for migrants and their families in the upcoming national budget of 2016-17.

April 11, 2016
April 11, 2016

Cash incentive for furniture, plastic product exports

The government announces cash incentives on exports of furniture and plastic products in a bid to encourage the businesses to export more.

February 1, 2016
February 1, 2016

PM for Speakers' role in SDGs

Prime Minister Sheikh Hasina yesterday urged the speakers and parliamentarians of South Asia for allocating budgets to enable the countries for the full implementation of the Sustainable Development Goals (SDGs).

October 27, 2015
October 27, 2015

Barcelona blast Messi exit reports: They're embarrassing!

Barcelona president Josep Maria Bartomeu has responded angrily to reports suggesting Lionel Messi will leave the club, insisting that the reports are "embarrassing".

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