Finance Minister Abul Hassan Mahmood Ali presented this proposed budget in the National Parliament on Thursday. However, representatives from the cultural sector have expressed dissatisfaction with this allocation, much like in previous years.
Cabinet Secretary for Coordination and Reforms Mahmudul Hossain Khan told The Daily Star
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Only 40 percent of social safety net budget catering to poor, vulnerable groups
The new budget has not displayed cognisance of the need for post-pandemic recovery and remedial actions.
What is the national budget? What is the history of the budget? Since when did the government start using the budget as a tool to manage the income and expenditure of a country and provide funds for development expenditures? And how did Bangladesh's budget increase to this existing volume?
The health ministry continues to struggle with utilisation of funds allocated in the national budget, like it did in the past few years.
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
The main focus of the FY24 budget must be on economic stabilisation.
Finance Minister Abul Hassan Mahmood Ali presented this proposed budget in the National Parliament on Thursday. However, representatives from the cultural sector have expressed dissatisfaction with this allocation, much like in previous years.
Cabinet Secretary for Coordination and Reforms Mahmudul Hossain Khan told The Daily Star
If we choose only 10 commodities and measure inflation, the figure will land at no less than 20 percent.
Only 40 percent of social safety net budget catering to poor, vulnerable groups
The new budget has not displayed cognisance of the need for post-pandemic recovery and remedial actions.
What is the national budget? What is the history of the budget? Since when did the government start using the budget as a tool to manage the income and expenditure of a country and provide funds for development expenditures? And how did Bangladesh's budget increase to this existing volume?
The health ministry continues to struggle with utilisation of funds allocated in the national budget, like it did in the past few years.
The upcoming budget poses significant challenges – arguably the most challenging in recent times – for economic policymaking in Bangladesh.
The main focus of the FY24 budget must be on economic stabilisation.
The budget for FY2022-23 is filled with rhetoric. But its credibility is poor because of its contradictions between the priorities and the actual allocations for education, agriculture, health, and the vulnerable population.
