The parliament today passed the Tk 7,97,000 crore national budget for the 2024-25 fiscal year with the aim of achieving 6.75 percent GDP growth rate and keeping annual inflation at around six percent
Two ruling Awami League MPs and a Jatiya Party MP today in parliament criticised the government for keeping the provision of whitening the black money in the proposed budget for 2024-25 fiscal
The parliament today passed the supplementary budget of Tk 30,643.51 crore for the fiscal 2023-24 to meet the increased expenditures under different ministries and divisions for the outgoing fiscal year ending June 30
Allocation of resources to the health sector and proper utilisation of that allocation are crucial for achieving universal health coverage (UHC)
Finance Minister Abul Hassan Mahmood Ali yesterday expressed hope that the government would be able to curb high inflation on the back of budgetary measures and the central bank’s steps.
Tax exemptions provided by the National Board of Revenue (NBR) are estimated to rise to Tk 163,000 crore in fiscal 2024-25 as the tax administration looks to ease the pressure on individuals and facilitate higher economic growth.
The proposed national budget for fiscal 2024-25 lacks concrete measures for addressing the current economic concerns, such as runaway inflation and depleting foreign exchange reserves, the Centre for Policy Dialogue (CPD) said yesterday.
The government has decided to construct 4,032 rental-based residential flats for low-income individuals during the new fiscal year
Increasing the allocation for education and health remains vital.
The leather industrial estates will be located in Rajshahi, Chattogram and Dhaka
The government has decided to raise the allocation for health sector by Tk 3,356 crore in the proposed budget of fiscal year 2024-25 today
The development comes after Bangladesh Bank relaxed the rules and allowed banks to receive funds from OBUs amounting to 40 percent of their regulatory capital to settle payment obligations.
At present, more than 93 percent of the cash-based social safety net programmes benefits are being paid through the G2P system. The remaining cash-based programmes will be brought under the system in 2024-25.
No matter how tight the budget is, the social safety net sector has to be given its due importance.
What message is the government trying to send with its black money whitening facility?
The government has decided to cut 15 percent of allocation for the Ministry of Power, Energy and Mineral Resources in the proposed budget today..The allocation will be Tk 30,317 crore, which was Tk 34,819 crore last fiscal..Among the two divisions of the ministry, Power Division main
