Eid-ul-Azha will be celebrated in Bangladesh on Monday, so the sale of sacrificial animals has started tomorrow i.e. Thursday in a total of 20 permanent and temporary markets in Dhaka city – nine cattle markets in Dhaka South and 11 cattle markets in Dhaka North city corporations. The sale will continue until the morning of […]
Hossain Zillur Rahman, another former caretaker government adviser, emphasised the need for tact, honesty and prudence in policymaking during the transition from a group of least developed countries (LDCs). He did not find these qualities in the proposed budget. He said, “The youth are disappointed with the country. Nearly 50 percent of them do not […]
Ahsan H Mansoor, executive director of research organisation Policy Research Institute (PRI), has warned that the economy should not be destroyed to save weak banks. “The policy has to be maintained and we should not back down from it. Commercial banks, which themselves are responsible for the liquidity crisis, are being supplied with money. The […]
Data from the Washington-based Global Financial Integrity (GFI) shows that at least US$8.27 billion (910 billion taka) has been looted from Bangladesh under the guise of international trade from 2009 to 2015. This much money has been looted by overstating the import of goods and understating the export of goods. It is difficult to get […]
Fundamental weaknesses have been exposed in the entire economic system. Comprehensive qualitative changes are required, otherwise it will not be possible to overcome the crisis. Wahiduddin Mahmud raised the question whether any such initiative was taken from the highest level of the government. The government is continuously taking foreign loans. Expenditure on interest has increased […]
Prothom Hello , This is the fourth term of the Awami League and the first budget of the new finance minister. What is new in this budget? Broadly, how would you evaluate it? There were a lot of expectations from this budget. Our economic problems or crisis, whatever you call it, have been going on […]
The proposal to convert black money into white money in the new budget is being criticized the most. Despite giving special facilities to tax evaders, the government cannot discriminate against honest taxpayers. While they are paying a maximum of 30 per cent tax, people with black money will be exempted from only 15 per cent […]
The minister said, “We have taken all steps to control inflation, and are looking at what more we can do to rein in inflation.” He also said that contractionary measures will continue for now. Aiming to tackle inflation, the Finance Minister on Thursday presented the proposed national budget of Tk 7.97 trillion for the fiscal […]
Sergio Leone's 'The Good, The Bad, The Ugly' is perhaps the favourite film of budget analysts. This film is always used to analyse the good, bad and ugly aspects of the budget. Here an economist and three businessmen highlight the good, bad and ugly sides of the budget.
The government aims to bring down inflation to 6.5 percent
Expectations from the budget amid a troubled economy
We should get a separate card for TCB goods, demands daily wage labourer Siddique
The Cabinet approved the proposed national budget for the financial year 2024-25 in a special meeting on Thursday. The meeting was chaired by Prime Minister Sheikh Hasina at the Cabinet Room of the Jatiya Sangsad Bhaban. Finance Minister AH Mahmud Ali as well as other ministers and state ministers also attended the meeting. The finance […]
Though the government is trying to reassure people, no one is believing it because the base has become weak. Apart from this, there is also pressure to fulfill various conditions of the International Monetary Fund (IMF). This multidimensional pressure has also affected the upcoming national budget. The growth rate which was more than 10 percent […]
Meanwhile, a large number of foreign companies are facing difficulties in sending home dividends from investments in Bangladesh and income from various services and products. Their stuck money amounts to about Tk 5 billion. Experts see these debt liabilities as a new challenge for the government. Amid these growing concerns, Finance Minister Abul Hasan Mahmud […]