The government saw a budget surplus of Tk 11,865 crore in the first quarter of the current FY due to lower spending
Geysers and room heaters are not just appliances; they bring comfort and warmth to families.
Only 40 percent of social safety net budget catering to poor, vulnerable groups
The health ministry continues to struggle with utilisation of funds allocated in the national budget, like it did in the past few years.
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.
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.
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.
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.
While the government is distracted by elections, the financial economy will suffer
The government has decided not to bring any change to seven tax rates, which include tax-exempted income-threshold for individual tax payers.
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.
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.
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.
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.
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?
Activists have demanded that the government increase budgetary allocation for migrants and their families in the upcoming national budget of 2016-17.
The government announces cash incentives on exports of furniture and plastic products in a bid to encourage the businesses to export more.
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).
Barcelona president Josep Maria Bartomeu has responded angrily to reports suggesting Lionel Messi will leave the club, insisting that the reports are "embarrassing".