Dhaka, June 14 – The proposed national budget has not reflected the pledges of the ruling party Awami League’s election manifesto as it would go in favour of the people who are beneficiary of economic misrule instead of the larger…
Tag: Budget
PM Hasina seeks help for implementing ‘pro-people budget’
Dhaka, June 14 – Terming the budget “pro-people” Prime Minister Sheikh Hasina yesterday said the Tk 5,23,190 crore outlay for FY2019-20 is pretty self-explanatory and there is no scope of confusion. “We prepared the budget for our common people, not…
Highlights of budget for 2019-20
Dhaka, June 13 – Following are the highlights of the proposed budget for fiscal year 2019-20 • Tk 5.2tr budget with 8.2% growth target• Generate fresh employment for 3cr people by 2030• Increase taxpayers number to 1.0cr from 21-22 lakh•…
BD Parliament budget session begins Tuesday
The first budget session of the 11th parliament formed through the December-30 general election will begin on Tuesday. Finance Minister AHM Mustafa Kamal will place the proposed national budget in the House on Thursday. The size of the budget for…
‘Gendering’ the EU budget
by Firat Cengiz There is a clear case for making gender equality a more visible part of the EU budgetary process. Budgets are not gender-neutral. Women and men have different needs and expectations from public services. These needs and expectations…
China sets trillion yuan military budget
China has announced a military budget of 1.11 trillion yuan ($175bn; £126bn) for the coming year. The figure, an 8% increase on last year, was announced by Prime Minister Li Keqiang as the annual meeting of parliament got under way…
Victoria Beckham launches budget fashion range for women, kids
Victoria Beckham has won huge acclaim for her fashion collections, but the hefty designer pricetags make it unaffordable to most fashionistas. However fans of the former Spice Girl-turned-fashion designer can rejoice – as the star is about to launch a…
Budget to increase per capita tax burden: BNP
Describing the national budget for FY 2016-2017 as traditional and highly ambitious one, BNP on Wednesday said it will only increase per capita tax burden instead of ensuring public welfare.The party also questioned the capability of the government to implement…
BNP hits back at Muhith over budget remarks
Defending his remark that the national budget for FY 2016-2017 is ‘reactionary’ one, BNP senior joint secretary general Ruhul Kabir Rizvi on Saturday said Finance Minister AMA Muhith is unable to understand the word ‘reactionary’ as ‘he has never been…
Budget deliberately ambitious: Muhith
Admitting that the Tk 3.40 lakh crore budget for the fiscal year 2016-17 is deliberately ambitious, Finance Minister AMA Muhith on Friday said the revenue target will be achieved through enhancing the efficiency of the National Board of Revenue (NBR).
Budget deliberately ambitious: Muhith
Admitting that the Tk 3.40 lakh crore budget for the fiscal year 2016-17 is deliberately ambitious, Finance Minister AMA Muhith on Friday said the revenue target will be achieved through enhancing the efficiency of the National Board of Revenue (NBR).…
Muhith presents Tk 3,40,605cr deficit budget for FY17
Dhaka – Finance Minister AMA Muhith Thursday rolled out a Taka 340,605 crore deficit budget for 2016-2017 fiscal setting the GDP growth target at 7.2 percent and delineating a set of programmes to transform the country into a modern and…
DCCI happy with Package VAT retention
Dhaka Chamber of Commerce and Industry (DCCI) has congratulated the government for the retention of “Package VAT” and expressed mixed reactions over the proposed budget for the coming fiscal year. The DCCI held a meeting in its board room with…
Question not of budget size, but is implementation
Dhaka – Executive Director of the Centre for Policy Dialogue (CPD) Prof Mustafizur Rahman has emphasised enhancing institutional capacity and establishing good governance to implement the budget for the 2016-17 fiscal, Muhammad Syfullah, Unb Staff Writer has reported. Finance Minister…
BDT 340,006 crore annual budget to be placed for FY 2016-17
Finance Minister AMA Muhith is likely to place annual budget proposal around Tk 340,006 crore for FY 2016-17.
Traders demand retention of ‘Package Vat’
Businessmen staged a one-hour human chain programme across the country on Monday demanding retention of ‘Package Vat’ in the new VAT (value added tax) law which is scheduled to come into effect on 1 July next. Traders in Old Dhaka…
Businesses to stage hour-long human chain prog Monday
Businesses across the country will stage a one-hour human chain programme on Monday demanding retention of ‘Package VAT’ in the new VAT (value added tax) law which is scheduled to come into effect on July 1 next. Dhaka, UNB News…
Workers demand budget allocation to introduce rationing in RMG sector
Bangladesh Textile-Garments Workers Federation on Thursday urged the government for budget allocation to bring the readymade garment (RMG) workers under rationing. At a roundtable discussion on budget for workers at Jatiya Press Club, the Federation also raised the demand to…
‘Employment, investment should be focus of new budget’
Dhaka – The Centre for Policy Dialogue (CPD), leading think tank in the country on Wednesday suggested that upcoming national budget for 2016-17 financial year (FY17)should focus on employment generation and increasing investment to expedite and ensure the quality of…
Parliament budget session begins June 1
Minister for Finance AMA Muhith will place the national budget for 2016-17 on June 2. This will be the third budget session of the 10th parliament. The session will began at 5:00pm on June 1. President Abdul Hamid yesterday convened…
CPD pleads for pragmatic budget
Dhaka – , Centre for Policy Dialogue (CPD) a leading think-tank has suggested preparing the next budget with a more realistic approach so most of the fiscal policies could be implementable. The think-tank, also attached priority to four areas to…
Next budget likely to be of Tk3,40,006 crore
Dhaka – With its focus on human resource development, employment, power and energy sector, the government is likely to come up with around Tk 3,40,006 crore budget for the next fiscal year (2016-17), unb news agency has reported. To be…