Dhaka May 24, 2025, 2:23 pm
In its mid-term macroeconomic policy statement (MTMPS), the ministry of finance projected 7.2 percent growth for FY22, 7.6 percent in FY23 and 8 percent in FY24 with a hope of turnaround from the economic slowdown caused by C
South Korea will provide US $ 700 million Economic Development Cooperation Fund (EDCF) loan to Bangladesh during 2021 and 2025 period to implement over a dozen of projects, including health, infrastructure, digital investigat
The government offered the opportunity for the outgoing FY only in a bid to 'check capital flight and bring undisclosed money into the formal channels of the economy'
Facebook will file its first VAT returns within July 15 next
They also recommended government to integrated embankment maintenance strategy and include local government for maintenance as well
More allocation is needed in the health and environment sectors in the proposed budget as the crisis is deepening in the health sector while Bangladesh is largely vulnerable to climate change
The plan, being prepared by the economic relations division, will include the strategies in the Eight Five Year Plan
About the ground for his confidence for a 6.1 percent growth in FY21, he referred to positive turnover in macro-economic indicators in the ending months of May and June
The development lender, in its flagship publication 'Global Economic Prospects', also said Bangladesh's economic growth will be 5.1% in the fiscal year (FY) 2021-22, higher than the earlier growth forecast of 3.4%
No figure will be acceptable before the government’s own research bodies’ present their findings
The ADB's investment in railways was much higher than initially planned, but (it) did not represent a significant contribution to the economy, although it was a high priority for the government
A total of 10 projects were approved today involving an overall estimated cost of Taka 6,651.34 crore
The platform also recommended increasing allocation for health and education in the national budget for FY 2021-22, as these sectors suffered the most during the pandemic
Pointing out multiple deficits and discrepancies in the national economic data, various projections based on serious anomalies in data are leading to data anarchy
Both the members of income tax and value added tax (VAT) have said the government devises fiscal measures considering the current economic situation such as the Covid-19 pandemic when the industry needs support
A total of Tk 568,000 crore was allocated in favour of 62 ministries and divisions in the budget of 2020-21 fiscal
The minister said while replying to a cut-motion placed by opposition MPs over allowing additional grant demand for the Finance Institution Division in the Supplementary Budget of 2020-21 Fiscal Year
Experts came up with such views at a webinar on "Impact of Covid-19 on CMSMEs and Understanding their Recovery: Evidence from BSCIC Industrial Estates" organized jointly by Economic Reporters’ Forum (ERF) and PRISM Programme
Although the per capita income has gone up by 9 percent, the price of low-tier tobacco products has not been raised in the proposed budget
The revenue board has projected the collection of an additional VAT revenue of Tk 60 billion from three areas in the upcoming fiscal year (FY)
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