CPD Distinguished Fellow Debapriya Bhattacharya says
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.
Finance Minister AHM Mustafa Kamal yesterday said that though he is worried about the elevated level of consumer prices, the situation is still under the government’s control.
An underwhelming budget at a time of overwhelming crisis
The reserves stood at $29.91 billion today in contrast to $42.20 billion during the same period a year ago.
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
In his budget speech for FY2023-24 at the national parliament today, Kamal said inflation would be largely controlled from here on.
The finance minister presented the new budget for the fiscal year 2023-2024 in the parliament on Thursday.
The government proposed going for making the Baggage Rules 2016 stricter, lower the limit for the travellers in case of bringing in gold bar or gold pieces and impose higher taxes.