Govt turning to all partners for budget support

The government is expecting $2.5-3 billion by June next year from multilateral lenders other than the International Monetary Fund to help the Bangladesh economy weather the storm caused by the Ukraine war.

Tk 678,064cr national budget for FY 2022-23 passed in parliament

Parliament today (June 30, 2022) passed the Tk 678,064 crore national budget for the fiscal year 2022-23, with the theme “Return to the Path of Development Leaving the Covid-19 Behind” to overcome the impact of coronavirus pandemic and Russia-Ukraine war on the economy.

Govt can save up to Tk 5,500cr with austerity measures: Finance Ministry

The government can expect to save up to Tk 5,500 crore for the austerity measures taken so far to preserve the foreign exchange reserves and tame inflation, according to the finance ministry.

Govt to invest $80b for climate resilience

The government is planning to invest $80 billion to shift the country from climate-vulnerable to a sustainable climate-resilient country under Mujib Climate Prosperity Plan (MCPP) by 2030, Finance Minister AHM Mustafa Kamal said yesterday while unveiling the national budget for the fiscal year 2022-2023.

Social safety net: Approach not a good fit for multiple crises

The need for expanding the coverage of social protection schemes with new approaches has never been felt so badly than now as people are struggling to keep their heads above water amid one crisis on top of another.

Fast-Track Projects: Debt repayment a worry now

After the Awami League government came to power in 2009, it took up several gigantic development projects with a view to transforming the country’s communication and transport infrastructure.

July 29, 2022
July 29, 2022

Govt turning to all partners for budget support

The government is expecting $2.5-3 billion by June next year from multilateral lenders other than the International Monetary Fund to help the Bangladesh economy weather the storm caused by the Ukraine war.

June 30, 2022
June 30, 2022

Tk 678,064cr national budget for FY 2022-23 passed in parliament

Parliament today (June 30, 2022) passed the Tk 678,064 crore national budget for the fiscal year 2022-23, with the theme “Return to the Path of Development Leaving the Covid-19 Behind” to overcome the impact of coronavirus pandemic and Russia-Ukraine war on the economy.

June 15, 2022
June 15, 2022

Govt can save up to Tk 5,500cr with austerity measures: Finance Ministry

The government can expect to save up to Tk 5,500 crore for the austerity measures taken so far to preserve the foreign exchange reserves and tame inflation, according to the finance ministry.

June 10, 2022
June 10, 2022

Food, Agriculture: A lot of hype, little promised

Amid the Russia-Ukraine war and global food price hike, Finance Minister AHM Mustafa Kamal placed emphasis on boosting food production to ensure food security in the country.

June 10, 2022
June 10, 2022

Fast-Track Projects: Debt repayment a worry now

After the Awami League government came to power in 2009, it took up several gigantic development projects with a view to transforming the country’s communication and transport infrastructure.

June 10, 2022
June 10, 2022

Social safety net: Approach not a good fit for multiple crises

The need for expanding the coverage of social protection schemes with new approaches has never been felt so badly than now as people are struggling to keep their heads above water amid one crisis on top of another.

June 10, 2022
June 10, 2022

Govt to invest $80b for climate resilience

The government is planning to invest $80 billion to shift the country from climate-vulnerable to a sustainable climate-resilient country under Mujib Climate Prosperity Plan (MCPP) by 2030, Finance Minister AHM Mustafa Kamal said yesterday while unveiling the national budget for the fiscal year 2022-2023.

June 10, 2022
June 10, 2022

Universal pension starts from 2022-23

A universal pension scheme for citizens aged 61 and above will be introduced from fiscal 2022-23, said Finance Minister AHM Mustafa Kamal yesterday.

June 10, 2022
June 10, 2022

Broadband, smartphones, laptops to cost more

With prices of mobile phones and broadband internet set to go up in the next fiscal year, the proposed budget would not be favourable to further development of the ICT sector, experts have said.

June 10, 2022
June 10, 2022

Gold import: Advance tax withdrawn

Withdrawal of the existing 5 percent advance tax on gold import has been proposed in the budget for fiscal 2022-23 to encourage import of the precious metal through formal channel and discourage its smuggling.