She has underscored the need for reform in the country's financial sector and warned of taking stern action against wilful loan defaulters.

Association of Mobile Telecom Operators of Bangladesh (AMTOB) in a budget reaction has termed the incremental supplementary duty on mobile phone uses as a “suicidal decision”.

A look at the revised budget for the outgoing financial year and its state of implementation up to the month of March reconfirm the main weakness of our financial management, namely, the persistently low revenue mobilisation that routinely misses its target.

Prime Minister Sheikh Hasina yesterday presented parts of the national budget as Finance Minister AHM Mustafa Kamal fell sick halfway through his speech.

Finance Minister AHM Mustafa Kamal has proposed a special allocation of Tk 20 crore to Bangladesh Football Federation for boosting the country’s football sector.

Tax and fiscal policies framed and applied by the government are not progressive enough to reduce inequality in the society, said analysts.

Mobile phone users might have to spend more as the National Board of Revenue is expected to seek a hike in the supplementary duty (SD) on calls, data and other services in the coming fiscal year, said officials.

The Bangladesh economy is taxing for take-off -- for its long-haul flight to the developed country club, with couple of stopovers in between.

After a span of five years, state-owned enterprises jointly incurred a loss in the outgoing fiscal year largely because of Bangladesh

Default loans in state-run commercial banks soared 10.64 percent, or Tk 5,184 crore, in the first quarter of the year -- in the

The new budget will provide directives on reforms in education and financial sectors and incentives for the stock market, the finance