Despite repeated promises to better utilise the allocated funds for development, this fiscal year’s spending so far has been the lowest in eight years.
Unlike public sector retirees, private sector employees do not get pensions
In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.
The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.
The Bangladesh Elevator Escalators and Lift Importers Association (BEELIA) yesterday demanded the withdrawal of the proposed duty on imports of elevators and escalators in the national budget for fiscal year (FY) 2023-24.
Bangladesh Bank is planning on launching a digital bank with an AI-based credit rating system, as per Finance Minister AHM Mustafa Kamal in his latest proposal for the National Budget 2023-24.
The government is planning on digitising 80% of information and processes on government services by 2023 and 100% by 2025, as per Finance Minister AHM Mustafa Kamal in his latest proposal of the National Budget 2023-24.
Despite being the last budget before the next general election, the government has little scope to unveil a big spending plan for the next fiscal year owing to limited fiscal space driven by lower-than-expected revenue collection, a noted economist said.
The macroeconomic stability that Bangladesh's economy has enjoyed for a long time has disappeared in the face of multiple challenges – from both external and domestic sources.
Despite repeated promises to better utilise the allocated funds for development, this fiscal year’s spending so far has been the lowest in eight years.
Unlike public sector retirees, private sector employees do not get pensions
In a highly competitive market like the egg market, one would expect prices to remain stable. They can rise, but over time.
The proposed national budget for the next fiscal year does not address the interests of electrical equipment makers, which goes against the government’s aim of establishing Bangladesh as an industry-intensive nation, said an official.
The Bangladesh Elevator Escalators and Lift Importers Association (BEELIA) yesterday demanded the withdrawal of the proposed duty on imports of elevators and escalators in the national budget for fiscal year (FY) 2023-24.
Bangladesh Bank is planning on launching a digital bank with an AI-based credit rating system, as per Finance Minister AHM Mustafa Kamal in his latest proposal for the National Budget 2023-24.
The government is planning on digitising 80% of information and processes on government services by 2023 and 100% by 2025, as per Finance Minister AHM Mustafa Kamal in his latest proposal of the National Budget 2023-24.
Despite being the last budget before the next general election, the government has little scope to unveil a big spending plan for the next fiscal year owing to limited fiscal space driven by lower-than-expected revenue collection, a noted economist said.
The macroeconomic stability that Bangladesh's economy has enjoyed for a long time has disappeared in the face of multiple challenges – from both external and domestic sources.
The government may increase the threshold of surcharge-free net wealth from the coming fiscal year 2023-24 beginning from July – a plan that is likely to reduce the pressure of tax on the upper middle-income people.