To deal with this pressure, discussions were also held on budget support and AIIB has agreed to provide budget support to Bangladesh, Chaudhary said. Secondly, he said, the AIIB will support Bangladesh in climate-related projects, including projects related to solar energy, electric vehicles and other climate-focused initiatives. Noting that energy issues are also linked to […]
Business organizations must send a soft copy of their budget proposals to NBR through email [email protected]. NBR will give due consideration to the proposals received. Institutions, organizations or offices that are not members of a chamber or association can also submit their budget proposals directly through the same email address. The press release of the […]
The education sector suffered a huge blow during the Covid-19 pandemic. During that time the poor condition of the health sector was also revealed. Despite this, both the areas related to fundamental rights are not getting adequate attention in the national budget. Although the allocation increases in terms of money, the increase as a proportion […]
Considering the circumstances, CPD has advised to set three main objectives in preparing the next budget. First, to restore macroeconomic stability and protect disadvantaged populations; Secondly, to take initiative to increase revenue collection so that dependence on banks is reduced and it becomes possible to meet necessary expenditure from revenue income; And third, to prioritize […]
Member of Parliament AK Azad has commented that Bangladesh Bank does not have enough power to regulate the banking sector. He said that a business group had borrowed Tk 12 billion from a bank but Bangladesh Bank was not aware of it. AK Azad, former president of the Federation of Bangladesh Chambers of Commerce and […]
Professor Tania Haq of the Department of Women and Gender Studies at Dhaka University observed that the development of women here is somewhat slow. The number of women beneficiaries is less and the quality of service is also not good. The issue of women development is now in a state of flux. He said the […]
Allocations to health and education sectors in the Annual Development Program (ADP) in Bangladesh are relatively low. However, experts say the increase in allocation to both these sectors would be considered an investment in the country's future. Like developed countries, many developing countries allocate more funds to these two sectors. Prothom Alo recently ran a […]
Over the past decade, the amount of domestic and foreign debt as a proportion of revenue collected by the NBR has increased by nine percentage points, an analysis of NBR and Finance Ministry data shows. This means that government borrowing is increasing every year. The trend of borrowing has been high for the last three-four […]
In the face of acute economic crisis, the Government is fully prepared to revise the ambitious fiscal targets outlined in the current Budget and bring them in line with the current reality. The Coordination Council on Fiscal, Monetary and Exchange Rate Policy took the decision in a virtual meeting chaired by Finance Minister AHM Mustafa […]