Budget Snippets: Where the money going

The government has targeted a Gross Domestic Product (GDP) growth rate of 7.2 per cent for fiscal 2021-22 taking the post-Covid recovery
3 June 2021, 18:00 PM

Business as usual

Economists and businesspeople in general have labelled the proposed national budget for fiscal 2021-2022 a conventional one which is seemingly a continuation of last year’s financial plan.
3 June 2021, 18:00 PM

New safety net funds for poor

The government has created two separate funds worth a combined Tk 12,300 crore under its massive social safety net programmes in the next fiscal year for targeted populations and low-paid informal sector workers.
3 June 2021, 18:00 PM

Whitening Black Money: Wholesale scope goes

The opportunity to whiten black money without any question from authorities regarding its source, which was offered by the government in the current fiscal year, is not going to continue the next fiscal year 2021-22.
3 June 2021, 18:00 PM

Little done for SMEs, job loss

The budget has not proposed any direct cash support to revive the cottage, micro, small and medium enterprises (CMSMEs) sector, where millions of workers lost jobs, though the government proposed some short tax-relief measures.
3 June 2021, 18:00 PM

No response to Bangavax

Over four months have passed with no response from a government body to a local pharmaceutical company’s application to conduct clinical trials for a home-grown Covid-19 vaccine.
2 June 2021, 18:00 PM

Bangabandhu Murder Convicts: Govt decides to strip them of gallantry awards

The Ministry of Liberation War Affairs has decided in principle to revoke the state gallantry awards of four convicted killers of Father of the Nation Bangabandhu Sheikh Mujibur Rahman.
2 June 2021, 18:00 PM

Currency swap with Sri Lanka by next month

Bangladesh’s currency swap agreement with Sri Lanka to replenish the island nation’s fast-depleting foreign reserves and ease pressure on its exchange rate will be completed by next month, according to a top official of Bangladesh Bank.
2 June 2021, 18:00 PM

UN delegation lauds Bhasan Char project

A high-level UN delegation yesterday lauded the Bhasan Char project and sought international community’s support to make sure that the Rohingyas live there with dignity.
2 June 2021, 18:00 PM

Covid scourge creeps up again

Restrictions have been imposed in several border districts due to fears that the Indian variant of the Sars-Cov-2 virus may spread there as the country yesterday recorded the highest number of daily Covid cases since April 30.
2 June 2021, 18:00 PM

50Th Budget of Bangladesh: Too weighed down to relish milestone

Today, Finance Minister AHM Mustafa Kamal unveils his third budget, which coincidentally is the 50th fiscal plan of independent Bangladesh.
2 June 2021, 18:00 PM

Pfizer vaccine roll-out in Dhaka next week

The government will start administering Pfizer Covid-19 vaccine at four vaccination centres in the capital from next week.
1 June 2021, 18:00 PM

41 more die, 1,765 new cases in 24 hours

With the number of Covid-19 new cases rising every day over last several days, a team of researchers said Bangladesh may observe another peak of novel coronavirus infection in mid-July.
1 June 2021, 18:00 PM

Tk 23,000 almirah bought for Tk 96,000

A steel almirah typically costs about Tk 23,000, but the authorities of the 250-bed TB Hospital in the capital bought 100 such items at Tk 96,000 each, according to an Anti-Corruption Commission enquiry.
1 June 2021, 18:00 PM

FY21 National Budget: A missed opportunity

The government in last year’s budget gave priority to several crucial sectors to protect people and their livelihoods amid the pandemic, but it could not achieve the desired results due to the Covid second wave and hurdles in implementing its initiatives.
1 June 2021, 18:00 PM

Tax cut galore in next budget

“Cuts, cuts, cuts!” -- would be the chorus of Finance Minister AHM Mustafa Kamal’s third budget speech that he is due to deliver in the parliament tomorrow.
1 June 2021, 18:00 PM

Upazila Health Complexes Near Border: Underequipped for Covid surge

Debhata in Satkhira is separated from the district of 24 Parganas in India by the Ichamati river. The ban on international travel between the two countries does not stop Debhata’s local fry-catchers from swimming to the spots where they find the best Bagda prawn, regardless of whether they are in Bangladesh or in India.
1 June 2021, 18:00 PM

Minister’s cellphone snatched from SUV

Planning Minister MA Mannan’s mobile phone was snatched while he was talking over the phone inside his SUV at the capital’s Bijoy Sarani area on Sunday.
1 June 2021, 18:00 PM

Social safety net to widen

The allotment for other social protection programmes may go up to Tk 65,000 crore, up 41.47 percent year on year.
31 May 2021, 18:00 PM

‘Our people kept our economy strong ’

The Bangladesh economy has weathered the pandemic storm better than others and it is thanks to its citizens, said Finance Minister AHM Mustafa Kamal.
31 May 2021, 18:00 PM