Finance Minister AHM Mustafa Kamal

Source tax may be doubled

The government proposed increasing the source tax on export proceeds to 1 per cent from the existing 0.5 per cent in the next fiscal year.
9 June 2022, 10:00 AM

Chronology of Bangladesh’s national budget

Finance Minister AHM Mustafa Kamal is placing the national budget for fiscal year (2022-2023) at the Jatiya Sangsad.
9 June 2022, 09:52 AM

Scope to whiten money through stocks to go

The finance minister has proposed abolishing the scope for whitening of black money through the stock market.
9 June 2022, 09:50 AM

More excise duty for the rich

The bank accounts with balance over Tk 5 crore may have to pay more excise duty from the next fiscal year.
9 June 2022, 09:43 AM

GDP growth target set at 7.5%

The Bangladesh government has set a target of 7.5 per cent growth of the country’s gross domestic product (GDP) in the upcoming fiscal year of 2022-23 beginning from July.
9 June 2022, 09:38 AM

Mobile handsets to be costlier

The price of the handsets will go up as the government today proposed 5 percent value-added tax on mobile handset sales.
9 June 2022, 09:29 AM

Budget deficit Tk 245,064 crore

The overall budget deficit for the fiscal year 2022-23 will be Tk 245,064 crore, or 5.5 percent of GDP, said Finance Minister AHM Mustafa Kamal in his budget speech today.
9 June 2022, 09:18 AM

Cabinet okays National Budget for FY 2022-23

The Cabinet at a special meeting today approved the proposed national budget for the fiscal year 2022-23.
9 June 2022, 09:00 AM

Finance Minister, with briefcase, reaches Parliament to unveil budget

Finance Minister AHM Mustafa Kamal has reached the National Parliament to present the National Budget for the financial year 2022-23 today.
9 June 2022, 06:40 AM

Govt to widen social safety net programme: Kamal

The government will broaden its social safety net programmes in the upcoming national budget to continue support to the country’s marginalised population, Finance Minister AHM Mustafa Kamal said yesterday.
1 June 2022, 15:04 PM

Karnaphuli Tunnel: Chinese company appointed to collect toll

A Chinese company has been given the charge of collecting tolls of the "Bangabandhu Sheikh Mujibur Rahman Tunnel" built under the Karnaphuli river in Chattogram.
18 May 2022, 09:19 AM

Forex reserves under strain: Govt defers employees' foreign tours, less important projects

The government finally raised its guard against the dwindling dollar reserves, putting its employees’ foreign tours on hold and deferring projects that require much imports.
12 May 2022, 02:00 AM

Finance minister defends fuel price hike

Arguing for the recent diesel prices hike, Finance Minister AHM Mustafa Kamal today said the government has spent huge for safety net programmes without printing any sum of money.
10 November 2021, 10:39 AM

Govt sees challenges as opportunities: Kamal

Although the economy is facing numerous challenges, the government is hopeful about addressing them as it sees the obstacles as opportunities, Finance Minister AHM Mustafa Kamal said today.
23 June 2021, 12:05 PM

Microbus import tariff to be reduced

Finance Minister AHM Mustafa Kamal has proposed to reduce tariffs on microbus import to discourage the use of accident-prone vehicles like Nasimon and Karimon and to encourage the use of microbuses as an alternative public transport.
3 June 2021, 12:22 PM

Tax exemption for ‘Made in Bangladesh’ products

Finance Minister AHM Mustafa Kamal has proposed to promote the “Made in Bangladesh” brand to accelerate establishment of mega industries and production of import-substitute industrial goods in the country.
3 June 2021, 12:09 PM

Prices up, prices down

Finance Minister AHM Mustafa Kamal today proposed changes to duties on different products, which will result in increase and decrease in their prices.
3 June 2021, 11:11 AM

Decision on whitening black money in next budget session: Finance minister

The next budget to be presented at the parliament will make it clear whether the scope for whitening the black money will be there in the next fiscal year or not, Finance Minister AHM Mustafa Kamal said today.
24 March 2021, 13:20 PM

Govt to look out for traders’ interests even if some loss to banks: finance minister

Finance Minister AHM Mustafa Kamal today said that the government will look out for the interests of the business community even if there is some loss to the banks at the moment.
30 September 2020, 15:31 PM

Govt considering duty withdrawal on onion imports: finance minister

Finance Minister AHM Mustafa Kamal today said the government will consider the proposal for the withdrawal of duty on onion imports.
16 September 2020, 14:44 PM