Bangladesh National Budget 2018-19

Budget pro-people: AL

Awami League General Secretary Obaidul Quader today said the proposed budget for fiscal 2019-20 is pro-people and there is no negativity in it.

JS passes national budget FY 2018-19

The Jatiya Sangsad passes the proposed Tk 4,64,573 crore national budget for 2018-19 fiscal year.

Minister suggests lowering prices of liquor

Housing and Public Works Minister Engr Mosharraf Hossain suggests cutting down customs duty on liquor for the sake of flourishing tourism in the country.

No VAT on remittance: NBR

No VAT or tax has been imposed on remittance in the proposed budget for 2018-19 fiscal year, the National Board of Revenue (NBR) says.

Why silent on troubled banks?

In a rare show of anger and frustration, some ruling party and opposition lawmakers blasted the finance minister in parliament yesterday for his complete silence on the widespread irregularities in the banking sector during his budget speech.

MPs blast Muhith for bank scams

​Opposition and some of the ruling party lawmakers in the parliament criticises Finance Minister AMA Muhith for not stating any measures in the proposed budget for fiscal 2018-19 against irregularities in the financial and banking sectors.

No directions on SDGs in proposed budget: SANEM

The proposed budget for fiscal 2018-19 does not have any directions to meet the Sustainable Development Goals (SDGs), South Asian Network on Economic Modeling (SANEM) says.

Challenging but achievable

With the budget implementation rate falling consistently for the last seven fiscal years, Finance Minister AMA Muhith yesterday said the government would achieve the targets in the proposed budget even though its execution starts in an election year.

Tax measures to hurt middle class

The proposed budgetary measures for fiscal 2018-19 will benefit the high and low income people, leaving the middle- and lower middle-class, which form the majority of Bangladesh's population, strained, said the Centre for Policy Dialogue yesterday.

June 8, 2018
June 8, 2018

Business-as-usual budget

Finance Minister AMA Muhith presented the FY2018-19 national budget to parliament yesterday. This is a historic event in the sense that it is his tenth consecutive budget that reflects the continuity in fiscal management.

June 7, 2018
June 7, 2018

Muhith gives outline of Universal Pension Scheme

Finance minister AMA Muhith gives an outline of Universal Pension Scheme and hopes that preparatory work for its implementation may start from next year.

June 7, 2018
June 7, 2018

Full speech of Bangladesh National Budget 2018-19

Finance Minister Abul Maal Abdul Muhith today rolled out a Tk 4,64,573 crore national budget for fiscal year 2018-19 setting the GDP growth target at 7.8 percent and outlining a set of plans-strategies to build a prosperous, happy and peaceful country.

June 7, 2018
June 7, 2018

Home loan for public servants, policy effective from 2018-19

Government employees can get loans for the construction of house or purchase of flats anywhere in the country as a policy guideline has already been formulated for providing such loan from the banking system.

June 7, 2018
June 7, 2018

To win votes with bluff: BNP’s take on budget

BNP strongly criticises the budget Finance Minister AMA Muhith placed in the parliament, saying it is imaginary and aimed to gain popularity ahead of the election.

June 7, 2018
June 7, 2018

Govt sets up 8,000 km fibre optic cable nationwide: Muhith

Citing the government's commitment to ensure a 'Digital Bangladesh', Finance Minister AMA Muhith says that 8,000 km of optical fibre cables have been installed in 1104 union parishads of 114 upazilas in 64 districts.

June 7, 2018
June 7, 2018

VAT imposed on ride-sharing services

Government is planning to impose 5 percent value added tax on the ride-sharing services which will make the new kind of transporting system in big cities of the country costlier.

June 7, 2018
June 7, 2018

Muhith wants to have Facebook, Google, Youtube under tax net

Finance Minister AMA Muhith proposes introduction of new provisions in the tax laws over the taxation of virtual and digital sectors, such as Facebook, Google, Youtube, on their incomes earned in Bangladesh.

June 7, 2018
June 7, 2018

How DSE reacts on budget days

The national financial plan sometimes meets the expectations of stock investors and sometimes does the opposite. Here is a graph that shows how Dhaka Stock Exchange experiences in the budget days.

June 7, 2018
June 7, 2018

Cherished dream still remains elusive: Muhith

Finance Minister AMA Muhith says, though the country has achieved remarkable successes under his 10 years' tenure, the cherished dream still remains elusive.

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